TCS..time to stay cautious..

Updated
The big boy has formed a Big Bad Monthly Bearish Engulfing... need to be cautious of buying for Long term investment also...
Fundamentals are solid,,but technicals do give us signs before hand to be careful..
Note: Analysis is strictly for EDUCATIONAL PURPOSE only..
feedbacks welcome..
Note
buy around 20 monthly or 50 monthly as it tends to take support around those long term moving averages..
Chart PatternsTrend Analysis

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