TCS has been consolidating in an upward channel for about 3 months now and it is approaching the channel's lower TL. Recently, it has also taken out the lows of previous 9 trading days after long consolidation within a tight range. If the TL gets breached, one can go short to see 3000 levels in the short term and even 2850 in the days to come.
Chart PatternsParallel ChannelTrend Lines

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