TCS is moving in a channel. This is clearly seen in a weekly chart. It has made 4 waves in the channel and is now in its 5th wave up. This final wave is expected to truncate around earlier top of 1439 and the move should be an impulse with 5 sub waves. It may not complete the channel (ie go till the top line) in this wave. Check this out in the charts below.
Weekly chart analysis.
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