TCS has entered a historically significant zone. As visible in the weekly chart, the stock is currently trading below its 200-week moving average — a level that has only been breached during the 2008 global financial crisis.
📌 Key Observations:
Current price: ₹3,248.40
200-Week MA: ~₹3,626
MACD shows deep oversold territory – a typical sign of exhaustion in selling
Last time TCS traded this far below the 200W MA was during the 2008 crash — and the stock rebounded strongly afterward.
💡 What’s Supporting a Bullish Case?
US Tariff Pause: With Trump pausing tariff escalation, there's reduced uncertainty in global trade.
Rate Cut Prospects: The US Fed is expected to reduce interest rates soon, which could boost enterprise spending – a major tailwind for IT exporters like TCS.
📈 Growth Potential: If historical patterns repeat and macro factors align, TCS could see a 20–30% upside from current levels, targeting the ₹3,900–₹4,200 zone in the medium term.
🎯 Investment Rationale: This may be a rare opportunity to accumulate a quality stock like TCS at multi-year support levels, backed by strong fundamentals and favorable external cues.
🛒 Verdict: Good Buy Zone for Long-Term Investors
🔍 Disclaimer: I currently hold TCS in my portfolio. This post is for informational purposes only and not a recommendation to buy or sell. Please do your own research or consult a financial advisor before investing.
📌 Key Observations:
Current price: ₹3,248.40
200-Week MA: ~₹3,626
MACD shows deep oversold territory – a typical sign of exhaustion in selling
Last time TCS traded this far below the 200W MA was during the 2008 crash — and the stock rebounded strongly afterward.
💡 What’s Supporting a Bullish Case?
US Tariff Pause: With Trump pausing tariff escalation, there's reduced uncertainty in global trade.
Rate Cut Prospects: The US Fed is expected to reduce interest rates soon, which could boost enterprise spending – a major tailwind for IT exporters like TCS.
📈 Growth Potential: If historical patterns repeat and macro factors align, TCS could see a 20–30% upside from current levels, targeting the ₹3,900–₹4,200 zone in the medium term.
🎯 Investment Rationale: This may be a rare opportunity to accumulate a quality stock like TCS at multi-year support levels, backed by strong fundamentals and favorable external cues.
🛒 Verdict: Good Buy Zone for Long-Term Investors
🔍 Disclaimer: I currently hold TCS in my portfolio. This post is for informational purposes only and not a recommendation to buy or sell. Please do your own research or consult a financial advisor before investing.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.