TCS has been in Bull market for number of years now and 2013 has been extremely rewarding for Bulls.
Investment Rule: When stocks are in Bull Market – Pullback to 200 dma is an excellent Buying Opportunity.
Here’s an excellent example: TCS in 2013
As you can see in the chart above: TCS has pulled back to 200 dma twice in 2013 and both occasions have turned out to be excellent buying opportunity. Just see the gains one would have made by buying a Leadership stock near 200 dma
The examples reinforces the belief that it’s quite rewarding to buy a well established leadership stock near 200 dma. Once a stock develops a Leadership – it’s rewarding to follow the stock religiously.
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