TCS Bullish - Three White Soldiers on weekly chart

Tata Consultancy Services Ltd. is an interesting chart with following

1. RSI on all time frames (DWM) above 60
2. Price formed a Huge Green Anchor Candle with high volume on daily chart
3. Three White Soldiers pattern on weekly chart
4. ABCD pattern on weekly chart

Can be a good buy on dips and dips only with major support near 3800- 3900 zone being 50 -200 SMA zone

CAUTION : Stock is trading at 16.7 times it's book value, but it's PE is 31.81 against industrial average PE of 32.98

Lets See How it Evolves.

Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.