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,...
After a big run TCS paused for some time. And didn't close in weekly candle below 2650. Now it's looks like to ready for another break out in chart and RSI. If close above 2680 in 1 hour candle buy simple.
TCS just broke the supply really undervalued companied among other tech giant having price in $ not justifying the price here.
this stock value more than 5000 rs we just stated here
below 2350 is a good buy with stop below 2100
Short Terma Cash Buy TCS @2275.00-2280 SL 2214 TGT 2395
Crosses the pivot point 2267 and next resistance 2318/2378/2490
We expect the momentum to continue as its above VWAP and TK cross over with MACD cross over
price now at supply zone we have really huge wick and selling pressure at this zone and if we crush this zone than we can add some long at this zone at retest.
TCS is back at the highs of 30 april 2020 i.e.2032. Tcs has a clear big range defined between 1836-2032 now its at the upper end of the range.Tuesday's move and close aand above this level will prompt me to take a positional trade on tcs for a target of 2095/2122.
