📍 Current Price & Range
Current price: ₹3,063.80
Day’s High / Low: ₹3,106.90 / ₹3,052.00
52-week High / Low: ₹4,494.90 / ₹2,991.60
🔍 Key Levels
Immediate resistance: ₹3,100–₹3,110
Next resistance: ₹3,200–₹3,250
Immediate support: ₹3,050–₹3,060
Psychological / strong support: ₹3,000
📊 Indicators & Momentum
Price is just below near-term resistance, showing hesitation.
Short-term trend is neutral to slightly bearish; momentum is weak.
RSI and MACD suggest neutral to weak momentum, no strong reversal yet.
Stock is trading well below its 52-week high, indicating it has already corrected significantly.
🔮 Possible Scenarios
Bullish breakout → Sustaining above ₹3,110 could push price toward ₹3,200–₹3,250.
Sideways / consolidation → Likely to trade between ₹3,050–₹3,110 if no strong catalyst.
Bearish pullback → Breaking below ₹3,050 may take price toward ₹3,000, and further down to ₹2,950–₹2,900 if weakness continues.
👉 Outlook: At the current level (₹3,073.80), TCS is in a neutral zone. The next directional move depends on either a breakout above resistance or a fall below support.
Current price: ₹3,063.80
Day’s High / Low: ₹3,106.90 / ₹3,052.00
52-week High / Low: ₹4,494.90 / ₹2,991.60
🔍 Key Levels
Immediate resistance: ₹3,100–₹3,110
Next resistance: ₹3,200–₹3,250
Immediate support: ₹3,050–₹3,060
Psychological / strong support: ₹3,000
📊 Indicators & Momentum
Price is just below near-term resistance, showing hesitation.
Short-term trend is neutral to slightly bearish; momentum is weak.
RSI and MACD suggest neutral to weak momentum, no strong reversal yet.
Stock is trading well below its 52-week high, indicating it has already corrected significantly.
🔮 Possible Scenarios
Bullish breakout → Sustaining above ₹3,110 could push price toward ₹3,200–₹3,250.
Sideways / consolidation → Likely to trade between ₹3,050–₹3,110 if no strong catalyst.
Bearish pullback → Breaking below ₹3,050 may take price toward ₹3,000, and further down to ₹2,950–₹2,900 if weakness continues.
👉 Outlook: At the current level (₹3,073.80), TCS is in a neutral zone. The next directional move depends on either a breakout above resistance or a fall below support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.