TCS - Signs of financial stress?Here I am sharing my perspective on the technical chart.
The chart is self explanatory as always.
TCS Q4 Results – Net Profit Declines 2% YoY to ₹12,224 Crore, Misses Street Estimates.
Salary hikes for employees have been paused due to ongoing global uncertainties.
This is not a happy sign for sure.
IMHO, the 2890 - 3000 price range may be tested soon, which is a good support zone.
It may or may not turn out as expected, But it is always wise to have a plan just in case it does.
What do you think?
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
TCS trade ideas
TCS Ready for BounceTCS Ready for Bounce
Current Market Price (CMP): ₹3,647
Stop Loss (SL): ₹3,430
Target 1: ₹3,784
Target 2: ₹3,986
📊 Market Insight:
TCS is showing signs of a potential bounce, closely mirroring the NIFTY IT index. The stock has formed a base on the daily chart and recently breached a small resistance, suggesting bullish momentum may follow.
💡 Trade Setup:
With April’s quarterly results on the horizon, increased activity in TCS and the broader IT sector could present a short-term trading opportunity.
⚠️ Caution:
The market remains volatile—practice smart position sizing and maintain a strict stop-loss to protect your capital.
📌 Disclaimer: Not a SEBI-registered advisor. Always conduct your own research before making any investment decisions.
#TCS #NIFTYIT #StockMarket #TechnicalAnalysis #TradingOpportunity #MarketUpdate
Long TCS Ltd.According to the Revenue Grid indicator, stock is trading around the revenue per share of 5.5. It went above this valuation level around Oct, 2017, never to return back to it. It crossed it only at the time of market crash caused by Covid virus pandemic in 2020. So this is definite buy here.
TCSTata Consultancy Services Ltd. offers business solutions, consulting, and information technology (IT) services. The following segments comprise its operations: Manufacturing; Consumer Business; Banking, Financial Services, and Insurance; Life Sciences and Healthcare; and Others.
It was corrected by roughly 15–18% to this volatility, and I saw that it was attempting to take a bullish retracement from this level. I believe that if it is at the low 3790 level, it may attempt to reach the 4000, 4100, or 4200 levels in the days ahead.
The only goal here is education. Before investing, please speak with your financial advisor. I'm not a financial advisor.
TCS S/R for 30/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
TCS S/R for 13/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
A BULLISH TRADE SETUP FOR TCS BASED ON RESULT IMPACT:A BULLISH TRADE SETUP FOR NSE:TCS BASED ON RESULT IMPACT:
If the price breaches the entry point (₹4,052.15): The trade becomes active, and the targets can be tracked.
If the price breaks below the stop loss (₹3,951.05): The trade should be exited to avoid further losses.
1. 🔵ENTRY: ₹4,052.15
2. 🔴STOP LOSS: ₹3,951.05 (PROTECTION AGAINST DOWNSIDE)
3. TARGETS:
🟢TP1: ₹4,171.95
🟢TP2: ₹4,248.20
🟢TP3: ₹4,429.95
ANTICIPATION OF POSITIVE EARNINGS IS DRIVING THE SETUP. THE RISK-REWARD RATIO IS FAVORABLE (~1:3.7). MONITOR PRICE ACTION AND VOLUME FOR CONFIRMATION BEFORE ENTERING.
Potential Actions:
🔴Disclaimer: I am not a SEBI-registered advisor. This analysis is for educational and informational purposes only and should not be considered as financial advice. Investments in the stock market are subject to market risks. Please do your own research or consult a SEBI-registered advisor before making any investment decisions.
TCS S/R for 6/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
TCS | Short | STBTTCS had formed a beautiful H&S pattern and the neck line was decisively broken last week.
Today, the first hour candle has decisively rejected that zone and hence, I'm confident that the next lower swing would be tested.
There could be a minor bounce from the 200 DMA at 4121 level.
However, I will hold it till 4055 level.
SL would be today's high.
TCS : will it contribute to recovery or fail?🚀 Tata Consultancy Services Ltd. (NSE: TCS) - Technical Analysis and Trade Plan 📈
Chart Analysis
Current Price and Movement :
Current price: ₹4,175.00, with a recent increase of ₹18.95 (+0.46%).
Chart indicates a recent downtrend followed by a potential corrective wave pattern.
Wave Analysis :
The chart highlights a wave pattern labeled A, B, and C .
Wave B retracement zone: Between ₹4,202 and ₹4,037 , described as a golden retracement zone where prices may take support and reverse sharply.
Support and Resistance Zones :
Wave C (Intermediate) correction completion zone : Around ₹4,175.00.
Stop Loss: At ₹4,042.10 , indicating failure of the golden retracement zone on the daily chart.
First Target Zone : Between ₹4,539 and ₹4,587 .
Second Target Zone : At ₹4,778.00.
Potential Price Movements :
Dashed lines in the chart suggest potential upward movements towards the target zones.
If the price holds the current support level, it may move towards the first and second target zones .
Trading Plan
Entry Point :
Consider entering a long position as the price completes Wave C within the golden retracement zone.
Target :
First Target Zone : Between ₹4,539 and ₹4,587 .
Second Target Zone : At ₹4,778.00.
Stop Loss :
Place a stop loss at ₹4,042.10 to manage risk in case the support level fails.
Disclaimer
This analysis is for informational purposes only and should not be considered financial advice. Trading stocks, options, and other financial instruments involves risk and may not be suitable for all investors. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
#TCS #TechnicalAnalysis #TradingPlan #StockMarket #Investment
TCS S/R for 23/12/24Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
TCS S/R for 11/12/24Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
TCS S/R for 5/12/24Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.