As of January 1, 2025, Tata Consultancy Services Limited (TCS) is trading at ₹4,114.10, reflecting a 0.47% increase from the previous close of ₹4,094.40.
These levels are crucial for traders to monitor, as a breach above resistance may indicate a bullish trend, while a drop below support could suggest bearish momentum.
These pivot points can help identify potential reversal levels during intraday trading.
Analyst Insights:
According to , TCS is currently in a negative trend. They suggest that if you are holding short positions, continue to hold with a daily closing stop loss of ₹4,176. Fresh long positions can be initiated if TCS closes above ₹4,176 levels. Support levels are identified at ₹4,038, ₹3,981, and ₹3,930, while resistance levels are at ₹4,146, ₹4,197, and ₹4,254.
Immediate Resistance: ₹4,189.75 Short-Term Resistance: ₹4,189.82 Medium-Term Resistance: ₹4,198.00 Long-Term Resistance: ₹4,215.00 These levels are derived from recent market data and technical analysis.
Traders and investors should monitor these levels closely, as they can provide insights into potential entry and exit points. However, market conditions can change
#TCS Good chart structure. Stock is heading to cross 4592, which is its all time high. Target 4575/4900 Stop loss 4280 I am just representing my views For educational purposes only.
TCMarket Position: TCS is the largest IT services company in India and one of the top 10 IT services companies globally, with a market capitalization of over $150 billion.
Revenue Growth: TCS has consistently demonstrated strong revenue growth, with a compound annual growth rate (CAGR) of over 10% in the last five years.
TCS TCS (Tata Consultancy Services) on a 1-hour timeframe,
Support Levels:
₹4,420 ₹4,400 ₹4,380
Resistance Levels:
₹4,460 ₹4,480 ₹4,500
Trend Analysis Current Trend: Assess if the stock is in an uptrend, downtrend, or sideways trend by examining the price action over the past hour or several hours. This can be determined by looking at the direction of the price movements and trendlines.