TCS - Did you sell@2600 & bought at 2530 -Magic of 2510-2535

Wow! - It was 5 candles & down in the zone 2510-2535 as expected when TCS was dancing at 2600. Later took support in the zone 2510-2535 & pushed upside to 2591.

The latest candle formed at 2591 has long upper shadows & small body which gives an appearance of a shooting star candlestick pattern which indicates weakness. This weakness turns into strength once it moves above its high@2591.

Trading Strategy for Bulls
Next, we should buy TCS only above 2600 where we left last time or look for buying opportunity in 2450-2475 zone if holds & we see TCS not falling any more.

Previous Update - TCS zooms from 2335 to 2600- Solid Performance from TCS counter.