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MORNING STAR FORMATION IN TCS

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A morning star is a bullish three candle pattern that is formed at the bottom of a down move. The first candle in the morning star formation is a big bearish candle that clearly defines the down move. The second candle is a small candle, which is ideally a Doji candle. The third candle is a large bullish candle, which closes near the top of the day.

Clearly, Morning star is formed in TCS today. It's ready to move upside.

Penafian

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