TATA CONSULTANCY SERV LTD
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TCS: Another Leg of Impulse is on the way

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Stock has given a sharp downside move few weeks ago in an impulsive manner. After that stock has bounced back sharply in a three wave corrective structure and halted near 61.8% fibonacci retracement level and retreated lower.

Stock is likely to fall towards 3300 and 3200 in the coming weeks.

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