TCS NEAR CRUCIAL SUPPORT ZONEThe zone of 3463 to 3406 has been crucial for the stock and is majorly responsible or influencing the momentum of the stock . TCS can come close to 3406 and should rebound immediately
TCS trade ideas
TCS buying levels3426 -3400 will be the area of value as of cmp
this price will be open until it get retest
3678 and 3480 is the side ways zone
wait paitently for the entry
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
$NSE:TCS Is TCS ready to break previous high ?NSE:TCS Is TCS ready to break previous high ?
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
BoughtBought at 3580 with stop loss of 3300 for target of 4800 by November 2024.
Disc : it's not an investment advise to buy or sell
📈 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++
Big Bar Strategy for Long term type trades I daily make educational content ideas on swing / positional trading
#TCS cash : Looks good sell below 3620#Tcs cash call -for 2-3 days
09.10.2023
Looks good sell below 3620
Stoploss 3650
Tgt 3576/3525
Cmp 3633
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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Thankyou
TCS hits 52-week highTCS hits 52-week high, gains 1% in weak market on share buyback plan
Shares of Tata Consultancy Services (TCS) hit a 52-week high of Rs 3,634.70, up 1 per cent on the BSE in Monday's intraday trade, in an otherwise weak market after the company announced that it will consider a proposal to buyback equity shares at the meeting to be held on October 11, 2023. The company made the announcement on Friday after market hours.
In comparison, the S&P BSE Sensex was down 0.64 per cent at 65,571 at 09:30 AM.
The last time TCS came up with a buyback plan was in 2022 March. The buyback share price per share was Rs 4,500 with a total buyback size of Rs 18,000 crore. The company completed its buyback programme between March 9 to March 23.
The buyback plan is in line with the TCS’ shareholder-friendly capital allocation practices of returning excess cash to shareholders, thereby increasing shareholder value in the longer term, and improving the Return on Equity.
TCS#TCS- is going strong. It gave a break out a few weeks ago, retested and is going up again. Consider adding this stock into your portfolio.
TCS short term moveTCS seems to be in great form going forward; if it spends tomorrow between 3610 and 3620, it stands a decent chance of clearing the 3625 barrier and can quickly reach 3750.
GenZ !!! Believe in TATA CONSULTANCY !!!- This Company needs no introduction at all.
- The larger picture is that of a Pole Flag Pattern.
- It can also be said that a cup is in formation.
Within the larger pattern, a Volatility Contraction Pattern has been witnessed.
At least 14% profits are clearly visible for the taking.
TCSA Clear Cup and Handle Pattern on daily time frame with breakout and a few days of consolidation with finally Pull back, favorable risk reward now, CMP 3537, SL 3486, Target 3986, timeframe 6 months
TCS WEEKLY BREAKOUT- should retest thoTCS
EDUCATIONAL PURPOSE ONLY
CMP 3598.30
should dip till 3550-3560
may reach 3700-3775
It is not trading advise.
TCSTCS
STOCK is surviving above resistance
If sustains and breaks out of the block may journey towards resistance zone of 3772-3810
Keep an eye.
TATA CONSULTANCY Hello guys, so today we will talk about Tata consultancy stock so right now in monthly time frame it is breaking a triangle pattern which is an bullish pattern breakout, and in RSI, we can easily see the stock is now can continue its uptrend so gentlemen, this would be my pick for equity as well as future positions. Also for a short-term long trade, you can take it as a swing trade as well as optional trade Lets see the chart and let me know what you think about it. Thank you.
TCS !! Cup and Handle pattern !! Target 4050 TCS !! Cup and Handle pattern !! Target 4050
As you can see in the chart, TCS has made Cup and Handle Pattern in weekly chart and it broke it already so upside target will be 4050
TCS should be added in watchlist for next moveTata consultancy services (TCS) might go UP or below after retest so IT should be added IN watchlist IF IT retest tomorrow with good volume IN upside Then It Will Be buy side. sharing just for educational purpose not a SEBI registered
