Tata Consultancy Services Limited
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TCS | Short | STBT

404
TCS had formed a beautiful H&S pattern and the neck line was decisively broken last week.
Today, the first hour candle has decisively rejected that zone and hence, I'm confident that the next lower swing would be tested.

There could be a minor bounce from the 200 DMA at 4121 level.
However, I will hold it till 4055 level.
SL would be today's high.

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