Tata Consultancy Services - TCSTCS to reach around 2870-2900
This is my personal opinion and not any recommendation to buy or sell.
TCS
Nifty, Banknifty and top stocks analysis for tomorrow + levelsStiff resistance from 15,400 made Nifty close negative while banks had a relatively positive day, possibly due to the loan and deposit growth announcement expected today. Let's see how it goes!
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets saw yet another negative day today and a new swing low has been created. Do you feel the bulls have what it takes to charge and reclaim the 16k level? Or will we see Nifty slipping closer towards 15k?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsA red day for the markets today! Indices fell heavily, with Media, IT and banks leading the fall. Nifty nears its swing low. Do you feel it'll be respected?
Nifty bullish trendNow nifty future trade at 16480, next target 17500 this month fix target.
Now we can start short term trading.
Thank you
Regard Vishwajeet Ghumare
TCS LONG There is an increase in the buyers’ momentum and the price is now in a range and there is a completed correction pattern. I expect the price to rise and break the top
Nifty, Banknifty and top stocks analysis for tomorrow + levelsReliance and HDFC twins did quite well today, helping Nifty end the day +450 points. Banks were strong too. IT continues to be sluggish, but let's see what's in store. What's your view?
nifty itNifty IT sector near major support @27500/27200
if not close below we seen sharp bounce back .
Nifty, Banknifty and top stocks analysis for tomorrow + levelsIT stocks sold off and dragged Nifty below 16k yet again. In fact, all sectors were very negative except FMCG which was saved by ITC. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsReliance and Infy put some bearish pressure on the indices in the second half. 16,400 has been rejected, SGX is trading negative and futures are in backwardation, too. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBulls finally breathed a sigh of relief as the market opened gap up and continued the day with bullish momentum. One warm day does not make it summer, so I feel it's important to remain cautious and not get too excited. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe market fell yet again, this time ahead of SBI results. PSU banks, fittingly, underperformed. LT and TaMo announced their earnings today as well.
TCSTCS has completed 5th wave and given trendline breakout on hourly chart. With todays low as stoploss, one can enter TCS as positional as well as with near option for quick gains. In long term, we will see new high from hereon.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsMetals dragged, but private banks helped Nifty stay afloat. Do you feel 16,200 will hold?
TCS Trend AnalysisPrice is now at key support level.
Though the fundamentals are good, valuation is at a higher side.
Expecting IT INDEX to fall another 17% towards 25500 level, which may drive it low towards 2750 level.
Trendline support will provide confluence at that level.
Its better to accumulate around 2700-2800 level for the following targets:
1) Short term swing target @ 3400 (23.5% ROI with 3.25 R:R)
2) Medium term swing target @ 4000 (45% ROI with 6.25 R:R)
3) Long term positional target @ 5300 (92.5% ROI with 12.75 R:R)
Stop loss optional @ 2550
Do your own due diligence before taking any action.
Peace!!
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets fell, partially thanks to the unexpected rate hike announcement by the RBI governor. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets concluded the week on an indecisive note this time around as well. Axis Bank results, while not disappointing, still disappointed the markets. Kotak Bank was an unexpected performer.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty retested 17k yet again, and with VIX back above 20, the volatility continues. Bajaj Finance (BAJFINANCE) fell after its results, meaning now the focus is on BAJAJFINSV on how it may move during its earnings. Axis Bank, too, has its results tomorrow. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsRIL and IT stocks were under pressure today, dragging Nifty below 17k. Banks performed a little better despite pressure from PSU banks. Bajaj Finance (BAJFINANCE) has its results tomorrow, so let's see if it shows some wild moves! What are your views?
TCS trade set-up for short term | Long TCSHello traders,
India's Biggest IT company- TCS is a great stock for long term. Stock's behaviour is good for trading. Currently TCS trading on weekly support. It can be bounce back from here. We will get buy side entry on this stock(with great risk reward ).Levels and logic behind the trade explained on the chart.
Buy above:3645
Keep SL:3665
Targets:3740/3825/4000
Educational purpose only.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBanks seemed very weak today, especially ICICI Bank and SBI. The rest of the market, too, faced second-half jitters. VIX did not rise by much, and RIL touched 2800!
Reliance at ATH! Daily market analysisReliance, along with other heavyweights, helped Nifty close a smudge away from 17,400 in today's session. I feel the Q4 earnings season might give Nifty the boost it may require to pick a direction. What's your view?
