Stocks has retraced more than 61.8% on monthly TF.
Also has tested long term support around 1130-1150.
Forming double bottom on daily charts.
one can enter above 1250. with 10% SL.
DISCLAIMER: For education purpose only, do your own analysis or consult your financial advisor before taking position.
In a smaller timeframe, TCS has given a breakout of rising wedge pattern and it may give some retracement and start with its up move. So we can keep it on the watch list for intraday if not for Wednesday then for Thursday.