Trade ideas
TCS - Forming Triple Bottom at S3 Level Daily Chart
Price Levels
TCS Last Low 3330
Sell Below and Levels 3301.20 3272.54 3244.00 3215.58
Buy above and Levels 3337.21 3344.44 3358.91 3387.95 3417.12 3446.41
Disclaimer: I am not a SEBI Registered Analyst. This is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses.
* In the chart it has been stated that 3200 has a great resistance but it should be read as support instead.
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TCS - Fully Bullish above White Horizontal Line
Marked are the waves of TCS on 1H Chart. Remember, it is below 50 and 200 SMA in 1H Chart, as such, can take time to come above these curves in the beginning.
Price Levels: Last Close 3444.05
Sell below and Levels: 3414.76 3385.61 3356.586 3327.67
Buy Above 3451.38 3458.73 3473.45 3502.98 3532.64 3562.42
TCS Ready for Upmove On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadning pattern
📌 Symbol/Asset: TCS
🔍 Description: Stock has fallen down from resistance of pattern. Stock view is buy on dips and buy around support levels. Soon we can see huge upside after breakout.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
TCS Long OpportunityTCS is at a crucial trendline and can be a good risk taking zone for a Long Trade. The stock has support of trendline as well as the sloping 50 DMA. This confluence of support gives more confidence.
Stop Loss: SL has to be a strong candle close below 3,450
Entry: Entries can be made after a show of strength on good volume
Target: Previous swing high i.e. 3,660++
Giant Stock TCS has given a Breakout (Invest and forget)Hello Traders and investors.
I have brought an analysis on TCS ltd, it has given a breakout of kind of triangle pattern, And after breakout it has come to retest the levels, now it is showing pull back pattern, in between it has given a breakout of upper band of trendline and Price is sustaining above to that trendline, Seems Tcs is ready to fly in blue sky. This is kind of invest and forget type of stock for long term. Tcs is really giving a best entry now to go for long term as well as short term from here. Well this is a Giant, this can definitely play a important role to take nifty towards 21k in short term.
Tata Consultancy Services is the flagship company and a part of Tata group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions.
Market Cap
₹ 13,18,941 Cr.
Current Price
₹ 3,606
High / Low
₹ 3,619 / 2,926
Stock P/E
30.2
Book Value
₹ 247
Dividend Yield
1.33 %
ROCE
59.1 %
ROE
46.9 %
Face Value
₹ 1.00
Debt
₹ 7,688 Cr.
EPS
₹ 120
PEG Ratio
2.89
Promoter holding
72.3 %
Intrinsic Value
₹ 2,191
Pledged percentage
0.48 %
EVEBITDA
20.3
PROS
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 43.3%
Company has been maintaining a healthy dividend payout of 61.4%
Company's working capital requirements have reduced from 43.6 days to 32.8 days
CONS
Stock is trading at 14.6 times its book value
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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