TCS Trend Analysis

TCS Noticed a hefty correction from its 52W high levels of 3989 after a strong rally and created and according to Fib levels, it's showing a bounce back from 3385 levels.
Additionally, it has been following its long-time support as displayed as the green trend line.
There seems to be a strong rally coming in IT stocks since they've corrected quite a bit. A good idea to buy on dips.
Please consult your financial advisor before making any decisions.