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TCS trade ideas

Will IT stocks survive? Infosys - TCSDo IT stocks like TCS, Infosys bounce back? IT stocks are currently trading at about 30% less than their all time high. Showing signs of bounce but being sold out. To achieve the earlier high, IT stocks have to give 35%-40% profit. Seems it may not move till financial results for current quarter proves good. I was holding Infosys at Rs.1925. Since my last msg regarding Infosys, somehow I was not convinced on the price action and hence I posted that my call is invalid, as it fell down drastically and bounced to that level. So I sold at small profit and exited. Then it fell abt 30-40%. Current situation - One side war, another side tariff, INR depreciation - all punching the stocks down. To my opinion, its time for buying. I bought with confident that when I was ready to hold at Rs.1925, then why not at 1580 (30% down plus 3% money depreciation plus 4% inflation)? I missed to opportunity to buy at 1300 when it fell earlier. For next two months, it will be on downside, and good to accumulate on every down of 5%. As I earlier informed, Nifty range will be 23000-25000 for another 3-4 months. Breaking either side is a tough game, if do so may bounce back to this range soon. Logic, all individuals and corporates have lot of government printed money (both US and India). To my opinion like gold, Nifty also may double in next 5 years. Same way, the stocks associated with Nifty (not all). Above is for educational purpose only. Nothing is guaranteed. If announced bankrupt, you may loose all your money. Hence take call as per your study and analysis. Happy Investing !!!
NSE:TCS
by coalravi
Low-Risk Entry Zones Emerging in TCS and CANARA BANKTCS - Potential Nested 1-2 / 1-2 Setup After completing a higher-degree corrective phase, TCS has likely begun a new impulse sequence. The structure so far suggests a nested 1-2 / 1-2 setup: Higher-degree Wave 1 peaked near 3630.50, followed by a corrective Wave 2 into 3358.70. Inside the new sequence, minor wave i topped at 3538.00, with a minor wave ii correction down to 3370.00. This leaves the door open for a sharp upside move if the structure unfolds as a Wave 3 acceleration phase. The invalidation for this scenario remains tight below 3358.70 . As long as price holds above this level, the nested setup remains intact with Fibonacci projection targets at: 3549 (1.0x) 3660 (1.618x) 3839 (2.618x) Risk Management Note: The tight invalidation allows for a favorable risk-reward profile. If price breaks below 3358.70, the nested count would be invalidated and a larger degree corrective structure may still be unfolding. CANARA BANK - Impulse in Progress with Minor Wave 5 Pending CANARA BANK presents a slightly different but equally interesting structure. Here, we observe a clean five-wave impulse unfolding from the March low of 78.60: Major Wave 1: 95.19 Major Wave 2: 83.70 (deep but typical retracement) Minor Wave 1: 102.63 Minor Wave 2: 90.95 Minor Wave 3: 119.30 (strong extension) Minor Wave 4: 104.60 (respecting 50% retracement of Minor 3) Price is now in the early stages of Minor Wave 5, which could complete the larger degree Wave 3. Fibonacci projections for the higher degree Wave 3 stand between 123.5 and 135.2. Risk Management Note: The invalidation for the immediate setup lies below 104.60. As long as this level holds, the path higher remains favored. Summary: Both TCS and CANARA BANK are showcasing clean Elliott Wave setups with well-defined invalidation zones. Traders following these patterns should monitor the invalidation levels closely, as failure to hold these zones will require a reassessment of the wave counts. However, while price respects these structures, the potential for sharp impulsive advances remains on the table. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:TCSLong
by WaveXplorer
TCS Strong Support at ₹3360 | Breakout Above ₹3700ata Consultancy Services (TCS) is showing strong support near ₹3360 levels. A potential breakout will be confirmed if the price sustains above ₹3700. Currently, the stock is facing key resistance zones between ₹3512 and ₹3525. A successful close above these levels may lead to strong bullish momentum. 📌 Key Levels: Support: ₹3360 Resistance Zones: ₹3512 – ₹3525 Breakout Confirmation: Above ₹3700 Traders should watch these levels closely for directional cues. Volume confirmation and price action around resistance will be crucial. #TCS #TCSshare #NSEStocks #StockAnalysis #BreakoutStocks #TradingViewIndia #TCSBreakout #IndianStocks #TechnicalAnalysis #SwingTrade 🔔 Disclaimer: This analysis is for educational and informational purposes only. It is not a buy or sell recommendation. Please do your own research or consult a financial advisor before making any trading decisions. Trading and investing involve risk.
NSE:TCSLong
by vipin95379845
Advanced Institutions Option Trading - Part 7Time Decay (Theta) Strategies Options lose value over time due to Theta Decay. Strategies to Take Advantage of Theta: Selling options (Covered Calls, Naked Puts) Calendar Spreads Iron Butterflies Caution: Theta decay accelerates as expiry nears. Option sellers must hedge their deltas to stay safe. Risk Management in Options Institutions and pro traders always focus on capital protection. 🔐 Techniques: Position sizing (no more than 2-3% risk per trade) Hedging with opposite legs or underlying Stop-loss on premium or delta exposure Use of Greeks for real-time adjustment Risk management > Strategy in the long run.
NSE:TCSEducation
by SkyTradingZone
2
TCS – Technical Highlights (Daily Chart)Breakout from a bullish falling wedge pattern and retesting the same breakout zone gives confidence of positive reversal probably. MACD crossover with rising histogram indicates strong momentum. RSI at 58.58, rising with room for further upside. Price sustaining above the wedge confirms breakout strength. Overall setup suggests a positive short-term trend continuation. This is just for educational purpose and I am not giving any recommendation or target for TCS.
NSE:TCS
by sankitamurthy23
TCS Ltd. – Riding the Wave from a Strong Support Base📊Technical Overview TCS has consistently traded above ₹3,000 since 2021, with this level serving repeatedly as a robust support zone. The stock reached an all-time high of ₹4,592 in August 2024. Given strong year-on-year financial performance and support at ₹3,000, TCS currently trades at ₹3,500. As long as the ₹2,900–₹3,050 support zone holds, the stock has potential to rise to: 🎯Target 1: ₹3,800 🎯Target 2: ₹4,200 🎯Target 3: ₹4,600(All-time high) A breakdown below the zone would negate the bullish thesis. 💰FY24 Key Financial Highlights (vs FY23 & FY22) Total Income: ₹255,324 Cr (vs ₹240,893 Cr; ₹225,458 Cr) Total Expenses: ₹187,917 Cr (vs ₹176,597 Cr; ₹166,199 Cr) Financing Profit: ₹67,407 Cr (vs ₹64,296 Cr; ₹59,259 Cr) Profit Before Tax: ₹65,331 Cr (vs ₹61,997 Cr; ₹56,907 Cr) Profit After Tax: ₹48,797 Cr (vs ₹46,099 Cr; ₹42,303 Cr) Diluted Normalized EPS: ₹134.20 (vs ₹126.88; ₹115.19) All parameters show strong YoY growth, emphasizing TCS’s consistent scale-up and profitability. 🧠Fundamental Insights TCS crossed $30 bn in annual revenue, with a strong order book of $42.7 bn, including a record Q4 TCV of $13.2 bn FY24 revenue rose 4.1% YoY (CC +3.4%), with net income up 7.8% YoY. Q4 margins were strong with operating at 24.6% and net at 19.3% TCS declared a ₹30 final dividend and a combined FY25 dividend of ₹96/share (₹66 special + ₹30 final), rewarding shareholders with ~4.5% yield Quarterly profit slipped 1.7% YoY to ₹12,224 Cr due to global headwinds, but revenue still rose 5.3%, backed by strong deal wins worth $12.2 bn (Q4) and $39.4 bn (full year) . Continued investment in AI, digital innovation, and a strong cash flow (over $5.3 bn free cash flow in FY24) support long-term growth outlook . 🧭Conclusion TCS remains fundamentally strong with robust growth in revenues, profits, and cash generation. Technically, it is maintaining a firm base above ₹3,000, setting the stage for a potential upside toward ₹3,800 → ₹4,200 → ₹4,600. The key is to watch for sustained support at ₹3,000–₹3,050. Disclaimer: lnkd.in
NSE:TCS
by ALICEBLUE
TCS Ltd. – Riding the Wave from a Strong Support Base📊 Technical Overview TCS has consistently traded above ₹3,000 since 2021, with this level serving repeatedly as a robust support zone. The stock reached an all-time high of ₹4,592 in August 2024. Given strong year-on-year financial performance and support at ₹3,000, TCS currently trades at ₹3,500. As long as the ₹2,900–₹3,050 support zone holds, the stock has potential to rise to: 🎯 Target 1: ₹3,800 🎯 Target 2: ₹4,200 🎯 Target 3: ₹4,600(All-time high) A breakdown below the zone would negate the bullish thesis. 💰 FY24 Key Financial Highlights (vs FY23 & FY22) Total Income: ₹255,324 Cr (vs ₹240,893 Cr; ₹225,458 Cr) Total Expenses: ₹187,917 Cr (vs ₹176,597 Cr; ₹166,199 Cr) Financing Profit: ₹67,407 Cr (vs ₹64,296 Cr; ₹59,259 Cr) Profit Before Tax: ₹65,331 Cr (vs ₹61,997 Cr; ₹56,907 Cr) Profit After Tax: ₹48,797 Cr (vs ₹46,099 Cr; ₹42,303 Cr) Diluted Normalized EPS: ₹134.20 (vs ₹126.88; ₹115.19) All parameters show strong YoY growth, emphasizing TCS’s consistent scale-up and profitability. 🧠 Fundamental Insights TCS crossed $30 bn in annual revenue, with a strong order book of $42.7 bn, including a record Q4 TCV of $13.2 bn FY24 revenue rose 4.1% YoY (CC +3.4%), with net income up 7.8% YoY. Q4 margins were strong with operating at 24.6% and net at 19.3% TCS declared a ₹30 final dividend and a combined FY25 dividend of ₹96/share (₹66 special + ₹30 final), rewarding shareholders with ~4.5% yield Quarterly profit slipped 1.7% YoY to ₹12,224 Cr due to global headwinds, but revenue still rose 5.3%, backed by strong deal wins worth $12.2 bn (Q4) and $39.4 bn (full year) . Continued investment in AI, digital innovation, and a strong cash flow (over $5.3 bn free cash flow in FY24) support long-term growth outlook . 🧭 Conclusion TCS remains fundamentally strong with robust growth in revenues, profits, and cash generation. Technically, it is maintaining a firm base above ₹3,000, setting the stage for a potential upside toward ₹3,800 → ₹4,200 → ₹4,600. The key is to watch for sustained support at ₹3,000–₹3,050. ⚠️ Disclaimer This report is for educational purposes only and does not constitute investment advice. Please consult a financial advisor before making any investment decisions.
NSE:TCSLong
by Rupesh_Chidharala
Institution Option Trading Part-3How Option Database Trading Works (Step-by-Step) Step 1: Data Collection Real-time data from NSE, BSE, CBOE, or broker APIs (Zerodha, Interactive Brokers, etc.). Store tick-level or EOD snapshots into SQL/NoSQL databases. Step 2: Data Cleaning & Normalization Remove missing values, align timestamps, convert formats. Normalize values like IV to make models consistent. Step 3: Exploratory Data Analysis (EDA) Use Python (Pandas, Matplotlib) or R to analyze: Option volume spikes Volatility contraction/expansion Unusual OI build-ups Step 4: Backtesting Trading Strategies Strategies like Straddle, Strangle, Iron Condor, or IV Crush are tested. Entry/exit logic coded, and trades simulated on historical data. Step 5: Deploying Models Successful strategies get automated using APIs or Trading Bots. Regular performance metrics tracked and refined.
NSE:TCSEducation
by SkyTradingZone
6
TCS Buy Opportunity Why ? Here is a **detailed business model of TCS (Tata Consultancy Services)** in a structured and simplified format. This is suitable for business studies, strategy analysis, or presentations. --- ## 💼 **TCS (Tata Consultancy Services) – Business Model Overview** --- ### 📘 **1. Introduction** Tata Consultancy Services (TCS) is one of the world’s leading IT services, consulting, and business solutions companies. It is a part of the Tata Group and operates in more than 50 countries. TCS helps global businesses with **digital transformation, IT services, and consulting**. --- ### 🧩 **2. Value Proposition** * **Cost-effective, high-quality IT services** * **Digital transformation solutions** (AI, cloud, analytics) * **Global delivery with consistent execution** * **Domain expertise across industries** * **Trusted long-term IT partner** --- ### 🏗️ **3. Business Segments** TCS operates mainly in the following service segments: 1. **IT Services** * Application development and maintenance (ADM) * IT infrastructure management * Quality engineering and testing 2. **Consulting and Enterprise Solutions** * Business transformation * ERP (SAP, Oracle), CRM, supply chain 3. **Digital & Cloud Services** * Artificial Intelligence (AI) * Cloud computing (AWS, Azure, Google Cloud) * Internet of Things (IoT) * Cybersecurity 4. **Platforms & Products** * TCS BaNCS (for banking & finance) * Ignio (AI/ML ops) * TCS MasterCraft (for automation) * TCS ADD (for life sciences research) --- ### 💸 **4. Revenue Model** TCS earns revenue through: * **Time and Material Contracts** (based on work hours) * **Fixed-Price Projects** * **Long-Term Outsourcing Contracts** * **Subscription Fees** (for platforms like BaNCS) * **Consulting and Transformation Projects** --- ### 🌍 **5. Target Markets / Customer Segments** * Large Enterprises (Fortune 500 companies) * Governments and Public Sector * Banks and Financial Institutions * Telecom & Media Companies * Retailers, Manufacturers, Healthcare Providers --- ### 🔄 **6. Delivery Model** * **Global Network Delivery Model (GNDM™)** Combines global presence with offshore delivery centers in India and abroad, ensuring 24/7 delivery, speed, and cost efficiency. --- ### 🔗 **7. Channels** * Direct B2B enterprise sales teams * Strategic partnerships (AWS, Microsoft, SAP, etc.) * Digital marketing and online presence * Consulting engagements and referrals --- ### 🧱 **8. Key Resources** * Skilled workforce (600,000+ employees globally) * Intellectual Property and in-house platforms * Global delivery centers and IT infrastructure * Tata brand and group synergies * Research and Innovation Labs --- ### 👥 **9. Customer Relationships** * Long-term IT outsourcing contracts * Dedicated account managers and delivery teams * Joint development and co-innovation * 24/7 service desk and support --- ### 💰 **10. Cost Structure** * Employee salaries and training * Infrastructure and technology tools * R\&D and IP development * Marketing and client acquisition * Legal, compliance, and administrative costs --- ### 🛡️ **11. Competitive Advantages** * **Global delivery model** for scalability and cost control * **High employee retention and training** * **Large IP portfolio and platforms** * **Diversified client base** across all industries * **Brand reputation and Tata Group trust** --- ### 🧭 **12. Future Strategy** * **Expand AI, cloud, and cybersecurity services** * Grow **platform-based recurring revenue** * Lead in **sustainable IT and green data centers** * Enhance **customer experience with GenAI** * Strengthen **partnerships with hyperscalers** (cloud providers) --- ### 📊 Summary (Business Model Canvas) | **Key Partners** | **Key Activities** | **Value Proposition** | **Customer Relationships** | **Customer Segments** | | ---------------------------------------- | -------------------------------------------- | ---------------------------------------------- | ---------------------------------- | ------------------------------------------------------- | | Tech Partners, Academia, Cloud Providers | IT Services, Consulting, Product Development | Digital Transformation, Efficiency, Innovation | Long-term Contracts, Support Teams | Enterprises in BFSI, Retail, Telecom, Govt., Healthcare | | **Key Resources** | **Channels** | **Cost Structure** | **Revenue Streams** | | --------------------------------------- | ----------------------------------------- | --------------------------------- | -------------------------------------------- | | Talent, Platforms, Delivery Centers, IP | Direct Sales, Digital Platforms, Partners | Workforce, R\&D, Infra, Marketing | Services (T\&M, Fixed), Products, Consulting | --- thanks & Regards Mohinder Singh The Golden Farms of Equity
NSE:TCSLong
by TheGoldenFarmsofEquity
What does the chart of TCS say and how will it move after June 4Here is a **detailed business model script** for **Tata Consultancy Services (TCS)**, one of the world’s largest IT services companies. It follows a structured format ideal for reports, presentations, or strategic overviews. --- ### 📘 **TCS – Detailed Business Model Script** --- #### 🎯 **1. Introduction** Tata Consultancy Services (TCS), a part of the Tata Group, is a global leader in IT services, consulting, and business solutions. Headquartered in Mumbai, India, and operating in over 50 countries, TCS delivers IT-enabled services to clients across multiple industries, helping them digitally transform their operations. --- #### 🧩 **2. Value Proposition** * **Digital Transformation:** Enabling enterprises to adopt AI, cloud, analytics, IoT, and blockchain. * **Operational Efficiency:** Outsourcing IT operations to reduce cost and improve agility. * **Innovation at Scale:** Offering domain-specific platforms and IP-driven solutions. * **Global Delivery Excellence:** Leveraging the Global Network Delivery Model (GNDM™) for consistent, high-quality services. --- #### 🏗️ **3. Key Business Segments** **A. IT Services & Consulting** * Application Development & Maintenance (ADM) * Infrastructure Services * Enterprise Solutions (ERP, CRM, etc.) * Cybersecurity * Quality Engineering **B. Digital & Cloud Services** * Cloud migration, cloud-native development * Data analytics and AI/ML services * Intelligent automation and RPA * Internet of Things (IoT) * Blockchain applications **C. Platforms & Products** * **Ignio (AI/ML Ops)** * **TCS BaNCS** (for financial institutions) * **TCS MasterCraft** (for DevOps and delivery automation) * **TCS ADD** (for life sciences R\&D) **D. Industry-Specific Services** * Banking & Financial Services * Retail & Consumer Goods * Manufacturing * Communications & Media * Healthcare & Life Sciences * Energy, Utilities & Resources --- #### 🔗 **4. Key Partnerships** * **Technology Partners:** Microsoft, AWS, Google Cloud, SAP, Oracle, IBM * **Academic Institutions:** For research and talent development * **Startups & Innovators:** Through TCS Co-Innovation Network (COIN™) --- #### 🛠️ **5. Revenue Model** TCS earns revenue through: 1. **Time & Material (T\&M):** Billing based on effort hours 2. **Fixed-Price Projects:** Deliverables and budgets are pre-agreed 3. **Managed Services:** Long-term outsourcing contracts 4. **Subscription-Based Models:** For platforms like BaNCS 5. **Consulting Fees:** Strategy and transformation advisory services --- #### 🌐 **6. Geographic Footprint** * **North America (50%+ of revenue)** * **Europe & UK** * **India** * **Asia Pacific, Middle East & Africa (MEA)** * Delivery centers in India, LATAM, Europe, and Asia --- #### 🧱 **7. Key Resources** * Global workforce (over 600,000 employees) * Intellectual Property and proprietary platforms * Global Network Delivery Model (GNDM™) * R\&D labs and innovation centers * Brand equity of Tata Group --- #### 🔄 **8. Key Activities** * Application development and support * System integration and implementation * Cloud and digital transformation * Business process outsourcing * Co-innovation with customers --- #### 👥 **9. Customer Segments** * Large enterprises (Fortune 500) * Government and public sector * Financial institutions * Retailers and manufacturers * Healthcare providers --- #### 📞 **10. Channels** * Direct enterprise sales * Consulting engagements * Online marketing and digital channels * Strategic alliances and partnerships * TCS COIN™ and Innovation Hubs --- #### 🤝 **11. Customer Relationships** * Long-term IT outsourcing contracts * Dedicated account managers * Co-innovation partnerships * Custom-built delivery teams * 24/7 global support --- #### 💰 **12. Cost Structure** * Employee compensation and training * Infrastructure and delivery centers * R\&D and IP development * Sales and marketing expenses * Regulatory and compliance costs --- #### 📈 **13. Competitive Advantages** * **Global Delivery Excellence:** Seamless execution across geographies * **Scale & Talent:** Largest IT workforce globally * **Strong Financials:** High profit margins, low debt * **IP & Platforms:** Differentiated service offerings * **Trusted Brand:** Part of the Tata conglomerate --- #### 🧭 **14. Future Strategy** * Strengthen presence in AI and GenAI solutions * Expand platform-based services * Grow in high-margin digital services * Invest in sustainable and green IT practices * Build deeper client partnerships in non-traditional markets --- ### 📊 Summary (Business Model Canvas Snapshot) | Key Partners | Key Activities | Value Propositions | Customer Relationships | Customer Segments | | --------------------------------- | -------------------------------------------------- | ------------------------------------------------ | ----------------------------------------- | ----------------------------------------------------------------- | | Tech Partners, Academia, Startups | IT Services, Digital Innovation, Cloud, Consulting | Cost Savings, Innovation, Digital Transformation | Long-Term Managed Services, Co-Innovation | Enterprises across BFSI, Retail, Manufacturing, Healthcare, Govt. | | Key Resources | Channels | Cost Structure | Revenue Streams | | ---------------------------------------------- | ------------------------------- | ------------------------------- | ---------------------------------------- | | Talent, IP, Platforms, Delivery Infrastructure | Direct Sales, Alliances, Online | Workforce, Infrastructure, R\&D | T\&M, Fixed Price, Platforms, Consulting | --- Thanks & Regards Mohinder Singh The Golden Farms of Equity
NSE:TCSLong
by TheGoldenFarmsofEquity
Database Trading **Database trading**, often referred to as **algorithmic trading** or **quantitative trading**, involves using large sets of structured data to make trading decisions and execute trades automatically. It relies heavily on databases to store, process, and analyze market data (historical prices, volumes, order books, etc.) and other relevant information (like economic indicators, news, etc.). The goal is to identify patterns, trends, or anomalies that can be leveraged for profitable trading strategies.
NSE:TCSEducation
by SkyTradingZone
4
TCS Share Projection As of May 2025, Tata Consultancy Services (TCS) is led by a seasoned management team with extensive experience in the IT services and consulting industry. Here's an overview of the key executives: 🏢 TCS Executive Leadership K. Krithivasan – Chief Executive Officer & Managing Director Appointed CEO & MD on June 1, 2023, K. Krithivasan has been with TCS since 1989. He previously led the Banking, Financial Services, and Insurance (BFSI) vertical, steering TCS's expansion into high-growth markets such as Latin America, Australia, and New Zealand. Under his leadership, TCS has focused on customer centricity and employee empathy, contributing to a $2 billion rise in brand value and recognition as a Global Top Employer. Goodreturns +9 Tata Consultancy Services +9 Tata Consultancy Services +9 Aarthi Subramanian – Executive Director, President & Chief Operating Officer Aarthi Subramanian serves as the Executive Director – President and Chief Operating Officer of TCS. With over three decades at TCS, she has held various leadership roles, including Group Chief Digital Officer at Tata Sons. She has been instrumental in driving digital transformation across the Tata Group and has been recognized for her contributions to technology and innovation. Goodreturns +2 Tata Consultancy Services +2 Tata Consultancy Services +2 Natarajan Chandrasekaran – Chairman Natarajan Chandrasekaran, also known as Chandra, is the Chairman of Tata Sons, the holding company of the Tata Group, including TCS. He joined the Board of Tata Sons in October 2016 and was appointed Chairman in January 2017. Chandra also chairs the Boards of several Tata Group operating companies. Wikipedia +3 Tata Consultancy Services +3 Financial Times +3 📊 Board of Directors (Selected Members) Dr. Pradeep Kumar Khosla – Independent Non-Executive Director Hanne Birgitte Breinbjerg Sorensen – Independent Non-Executive Director Sanjay V. Bhandarkar – Independent Non-Executive Director Keki M. Mistry – Independent Non-Executive Director O. P. Bhatt – Independent Non-Executive Director Tata Consultancy Services +1 Goodreturns +1 These board members bring diverse expertise from various industries, contributing to TCS's strategic direction. Tata Consultancy Services 🌐 Senior Leadership Team (Selected Executives) Krishnan Ramanujam – President, Consumer Business Group Amit Bajaj – President, TCS North America Debashis Ghosh – Business Head Narasimhan Srinivasan – Vice President Sudhakar Gudala – VP - Global Head, CPG & Distribution Business Unit Craft.co Tata Consultancy Services Comparably +1 Tata Consultancy Services +1 These executives oversee various business units and regions, driving TCS's growth and innovation across global markets. For more detailed information about TCS's leadership and organizational structure, you can visit their official leadership page on TCS Website
NSE:TCSLong
by TheGoldenFarmsofEquity
2
TCS Eyes Recovery After Holding Strong at Key Support LevelsTopic Statement: TCS has shown signs of recovery after a recent correction, with strong technical support levels reinforcing bullish potential. Key Points: The price previously found strong and consistent support near the ₹3000 mark, reaffirmed during the recent market correction. A full retracement to the 50% Fibonacci level** at ₹3060 attracted significant buying interest, highlighting renewed strength. Currently, the stock trades just below the 200-day EMA, indicating it remains in oversold territory, but with potential for reversal if momentum continues.
NSE:TCSLong
by yogeshwar