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Stock Radar: TCS down around 10% from highs! records bullish harmonic pattern; time to buy?
TCS experienced a 10% drop but formed a bullish pattern, hinting at a potential trend reversal. Experts suggest buying opportunities, citing the stock's bounce back from the 50-week moving average and a historical trend of 15% declines followed by upward movements. Technical analysis points towards a bullish outlook with a potential target of Rs 4,550.