What should be the winning strategy for TCS counter tomorrow? #
Updated for 25 April 2025.
Price: Rs. 3402
As of April 25, 2025, Tata Consultancy Services (TCS) closed at Rs. 3402, reflecting a mild correction from the previous day. The stock has recently shown resilience
Technical Indicators
- Moving Averages: Short-term moving averages (5, 12, 20, 50, 100 days) are signaling a bearish trend, suggesting potential for downward movement.
- Trend Oscillators: The Average Directional Index (ADX) stands at 30.63, indicating a strong trend, while the MACD is in a bullish crossover, suggesting caution.
- Momentum Oscillators: The Relative Strength Index (RSI) is at 45.97, approaching sold territory, and the Stochastic RSI is in negatie, indicating potential for a short-term fall.
Recommended Strategy
- Sell Zone: Consider entering a short position if the stock moves down to Rs. 3400, supported by bearish short-term moving averages.
- Target Price: Set an initial target at Rs. 3388, with a secondary target at Rs. 3374, aligning with recent resistance levels.
- Stop-Loss: Place a stop-loss around Rs. 3413 to manage potential upside risk.
Risk Considerations
- Market Volatility: Be aware of potential market fluctuations that could impact stock performance.
- Overbought Conditions: Monitor RSI and Stochastic RSI for signs of overbought conditions, which may precede a price correction.
Note: This strategy is based on technical analysis and is subject to market conditions. Always conduct thorough research and consider consulting with a financial advisor before making investment decisions.
# Share price Target and Stoploss Analysis are being provided by Paresh Gordhandas, CA & Research Analyst. The RA and his family members have TCS, as long-term investment in their portfolios. None of them do any Trading, in this scrip.
Quicklinks
- Staffavailable
- BigGaddi
- Magajmari
- Sahifund.com
Tata Consultancy Services (TCS), a leading global IT services and consulting company, has recently made significant strides in various aspects of its business:
Financial Performance: In the fiscal year ending March 31, 2024, TCS reported consolidated revenues of US$29.1 billion.
Brand Value Achievement: In January 2025, TCS achieved a major milestone by becoming the second global IT services brand to surpass a brand value of $20 billion, underscoring its strong market presence and reputation.
Industry Recognition: On February 18, 2025, TCS was honored with the Global Top Employer certification for 2025, reflecting its commitment to excellence in employee offerings and workplace environment.
Stock Market Performance: On March 5, 2025, TCS shares modestly increased by 0.47% to reach 3,549.35 Indian rupees. However, the stock remains 22.60% below its 52-week high of 4,585.90 rupees, achieved on September 2, 2024. This performance was relatively subdued compared to competitors like MphasiS Ltd., Wipro Ltd., and HCL Technologies Ltd., which experienced higher gains during the same period. Share price of TCS
Client Spending Trends: TCS anticipates increased technology spending from its retail and manufacturing clients in North America, following a similar upturn in its banking and financial services segment.
These developments highlight TCS’s robust position in the global IT industry, its dedication to innovation, and its focus on delivering value to clients and stakeholders. Share price of TCS
