TCS .. will the breakdown turns out to be spring

142
TCS 3440 has breakdown the trend channel. Based on valuation it is trading at 25.7 less than it 10 Years P/E of 26.7.
FII's has reduced their stake to the lowest in 3 years while DII has added their stake.
On Valuation base it is good for long term investment on technical basis and 32 P/E which is for target 4250 .
Note
TCS @3579 on 15/5/2025

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.