TCS at critical point. Make or break

Good Day

Hello Traders,

With Nifty IT Index falling from the All-Time high of 39446 to 26245 , a fall of 13201 points (-33.46% )
TCS with the weightage of 29.33% in Nifty IT Index made an all time high of 4043 made a recent low of 2926 (-27.62%).

If it started trading below 3000 then can go as low as 2880 very sharply, but with the current scenario one can
start accumulating for long term portfolio as it 28% cheaper. also you keep holding with strict stop loss of 3000 for a quick upside as its been IT stocks
are lagging behind.

Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions.

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