TCS FOR SWING TRADETCS Swing Trade Idea
Timeframe: Weekly
Observation:
TCS has entered a strong demand zone on the weekly chart, indicating a potential reversal or continuation of an upward trend. The price action suggests that buyers are actively defending this zone, providing a solid risk-to-reward opportunity.
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130.85 INR
459.08 B INR
2.41 T INR
1.02 B
About TATA CONSULTANCY SERV LTD
Sector
Industry
CEO
Kunchitham Krithivasan
Website
Headquarters
Mumbai
Founded
1968
ISIN
INE467B01029
FIGI
BBG000Q0WGC6
Tata Consultancy Services Limited (TCS) is engaged in providing information technology (IT) services, digital and business solutions. The Company's segments include banking, finance and insurance services (BFSI); manufacturing; retail and consumer packaged goods (CPG); telecom, media and entertainment, and others, such as energy, resources and utilities, hi-tech, life science and healthcare, s-Governance, travel, transportation and hospitality, and other products. Its services portfolio consists of IT and assurance services, business intelligence and performance management, business process services, cloud services, connected marketing solutions, consulting, engineering and industrial services, enterprise solutions, IT infrastructure services, mobility products and services and platform solutions. Its software offerings include Digital Software and Solutions, TCS BaNCS and TCS MasterCraft, among others. It serves industries, including insurance, healthcare, retail, telecom and others.
VIEW ON TCSGood chart structure
Stock above its Oct 24 highs
Target 4400/4500
Stop loss 4240
I am just representing my views
For educational purpose only.
TCS DOUBLE BOTTOM BREAKOUTTCS breaking double bottom pattern resistance
with good volume building up strong rsi
trading above 20ema
#target 4584
NO SELL/BUY RECOMENDATION
TCS Reversing from a support. Good RRTCS is taking support from 38900 zone.
- Forming a C&H and a Trendline breakout.
- Good Risk to reward. Risky is 5-6%
- Market were to reverse from this, then this would be a high probability trade.
- Any surprises in US elections could have a negative impact.
Chart shared only for educational
TCS ANALYSISHello traders , here is the f analysis for this STOCK, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on
tcs is ready for 3650after continue falling and retesting it is confirm that it will
reach to 3650 .
making lower low again and again
buy TCSit has formed reciprocal AB=CD harmonic pattern. it may rise till 0.38%-0.61% of point CD.
view negated below 3930 closing basis
TCS Trading within Demand Zone of ₹3980 to ₹3895.6TCS, trading at ₹3964, is positioned within its demand zone ranging from ₹3980 to ₹3895.6, last validated on July 12, 2024. This area could act as a potential support zone, where buying interest might emerge. Investors may watch for upward trends from this range as a signal for potential entries.
Intraday Trade Setup = TCSTCS looking Bullish
Buy at Mentioned level...
Target and stoploss mentioned on chart..
Thanks and Regards,
@VishwajeetSharma
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Frequently Asked Questions
The current price of TCS is 4,302.75 INR — it has increased by 0.14% in the past 24 hours. Watch TATA CONSULTANCY SERV LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange TATA CONSULTANCY SERV LTD stocks are traded under the ticker TCS.
TCS stock has fallen by −0.08% compared to the previous week, the month change is a 7.19% rise, over the last year TATA CONSULTANCY SERV LTD has showed a 21.39% increase.
We've gathered analysts' opinions on TATA CONSULTANCY SERV LTD future price: according to them, TCS price has a max estimate of 5,710.00 INR and a min estimate of 3,350.00 INR. Watch TCS chart and read a more detailed TATA CONSULTANCY SERV LTD stock forecast: see what analysts think of TATA CONSULTANCY SERV LTD and suggest that you do with its stocks.
TCS stock is 1.40% volatile and has beta coefficient of 0.72. Track TATA CONSULTANCY SERV LTD stock price on the chart and check out the list of the most volatile stocks — is TATA CONSULTANCY SERV LTD there?
Today TATA CONSULTANCY SERV LTD has the market capitalization of 15.46 T, it has increased by 1.44% over the last week.
Yes, you can track TATA CONSULTANCY SERV LTD financials in yearly and quarterly reports right on TradingView.
TATA CONSULTANCY SERV LTD is going to release the next earnings report on Jan 9, 2025. Keep track of upcoming events with our Earnings Calendar.
TCS earnings for the last quarter are 32.92 INR per share, whereas the estimation was 34.64 INR resulting in a −4.97% surprise. The estimated earnings for the next quarter are 34.55 INR per share. See more details about TATA CONSULTANCY SERV LTD earnings.
TATA CONSULTANCY SERV LTD revenue for the last quarter amounts to 642.59 B INR, despite the estimated figure of 641.13 B INR. In the next quarter, revenue is expected to reach 650.47 B INR.
TCS net income for the last quarter is 119.09 B INR, while the quarter before that showed 120.40 B INR of net income which accounts for −1.09% change. Track more TATA CONSULTANCY SERV LTD financial stats to get the full picture.
TATA CONSULTANCY SERV LTD dividend yield was 1.42% in 2023, and payout ratio reached 43.69%. The year before the numbers were 1.50% and 41.67% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 3, 2024, the company has 601.55 K employees. See our rating of the largest employees — is TATA CONSULTANCY SERV LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TATA CONSULTANCY SERV LTD EBITDA is 669.45 B INR, and current EBITDA margin is 26.69%. See more stats in TATA CONSULTANCY SERV LTD financial statements.
Like other stocks, TCS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TATA CONSULTANCY SERV LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So TATA CONSULTANCY SERV LTD technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating TATA CONSULTANCY SERV LTD stock shows the buy signal. See more of TATA CONSULTANCY SERV LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.