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TCS NEWS why is Tata Consultancy Services Limited price falling or rising

TCS NEWS reasons for why stock price of Tata Consultancy Services Limited is falling or rising

TCS Tata Consultancy is falling or rising technical reasons

Technical analysis forecast for Tata Consultancy Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Tata Consultancy TCS at this time. Stock is falling and might fall more.

It appears as if Tata Consultancy TCS gave a large move recently.

Stock of Tata Consultancy (TCS) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Tata Consultancy is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Tata Consultancy stays below 3207.7, but if it comes above 3207.7, then a intra day buy could be more profitable.
If you take a sell trade below 3207.7, then use 3207.7 as stoploss and 3095 as target. However if you take a buy trade in Tata Consultancy, then use 3207.7 as stoploss and 3301.52 as target.

TCS Tata Consultancy is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2023-03-20

Buy Tata Consultancy Services; target of Rs 3780: ICICI Direct ICICI Direct is bullish on Tata Consultancy Services recommended buy rating on the stock with a target price of Rs 3780 in its research report dated March 17, 2023. - NEWS as on 2023-03-20 moneycontrol.com

Company Announcement Tata Consultancy Services Limited has informed the Exchange regarding Change in Director(s) of the company. - NEWS as on 2023-03-17

TCS down 1%, hits 4-month low day after CEO & MD Rajesh Gopinathan resigns The board has nominated K Krithivasan as CEO designate with effect from March 16, 2023. - NEWS as on 2023-03-17 business-standard.com

As Rajesh Gopinathan signs out of TCS, here's what you need to know The company has nominated Tata Group veteran K Krithivasan as CEO-designate, effective immediately - NEWS as on 2023-03-17 business-standard.com

K Krithivasan: A lot riding on TCS CEO-designate's track record Chennai, his base, is one of the biggest centres for TCS in terms of talent - NEWS as on 2023-03-16 business-standard.com

Company Announcement Tata Consultancy Services Limited has informed the Exchange regarding a press release dated March 15, 2023, titled "Envestnet Data and Analytics Selects TCS to Accelerate its Digital Transformation Journey". - NEWS as on 2023-03-15

Travel cos urge government to review move to raise TCS on overseas tour packages "We have sent a request to CBDT on March 8 asking them to reconsider this proposal. Besides tour operators, it's going to be a losing proposition for the government as people will take the other route and will book through overseas operators directly," sai - NEWS as on 2023-03-15 indiatimes.com

Company Announcement Tata Consultancy Services Limited has informed the Exchange regarding a press release dated March 14, 2023, titled "TCS Launches 5G-Enabled Cognitive Plant Operations Adviser to Help Transform Plant Operations". - NEWS as on 2023-03-14

Company Announcement Tata Consultancy Services Limited has informed the Exchange regarding a press release dated March 13, 2023, titled "TCS Debuts on Forbes List of America s Best Large Employers". - NEWS as on 2023-03-13

Company Announcement Tata Consultancy Services Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2023-03-10

Company Announcement Tata Consultancy Services Limited has informed the Exchange regarding a press release dated March 06, 2023, titled "TCS Named a Top Employer in the UAE, Saudi Arabia and - NEWS as on 2023-03-06

Company Announcement Tata Consultancy Services Limited has informed the Exchange about Schedule of meet - NEWS as on 2023-03-01

Company Announcement Tata Consultancy Services Limited has informed the Exchange regarding a press release dated February 27, 2023, titled "TCS Positioned as a Leader in Procurement Outsourcing by Everest Group". - NEWS as on 2023-02-28

Company Announcement Tata Consultancy Services Limited has informed the Exchange regarding a press release dated February 20, 2023, titled "TCS Positioned as a Leader in IDC MarketScape for Worldwide Manufacturing PLM System Integrator and BPO Services ". - NEWS as on 2023-02-21

More announcements and NEWS

TCS Tata Consultancy Services Limited current price & indicator signals

Moving Averages for Tata Consultancy Services Limited

  • 5Day Average: 3184.29
  • 12Day Average: 3274.76
  • 20Day Average: 3324.08
  • 50Day Average: 3382.09
  • 100Day Average: 3340.66
  • 150Day Average: 3275.42
  • 200Day Average: 3267.97

TCS Indicators & signals

Indicator MACD (12,26,9)

3256.7, 3321.13, -41.47
Indicator MACD is in negative zone

Indicator ADX (14)

51.97, 10.03, 31.73
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TCS Tata Consultancy Services Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Mon Mar 2023 3143.30 3095.05 to 3169.65 -1.13% 1.05 times
17 Fri Mar 2023 3179.30 3144.00 to 3221.40 -0.18% 3.08 times
16 Thu Mar 2023 3185.00 3172.00 to 3219.80 -0.43% 0.87 times
15 Wed Mar 2023 3198.90 3192.00 to 3260.35 -0.5% 0.81 times
14 Tue Mar 2023 3214.95 3209.40 to 3304.40 -2.04% 1.22 times
13 Mon Mar 2023 3281.95 3272.00 to 3369.80 -1.47% 0.87 times
10 Fri Mar 2023 3331.00 3290.00 to 3337.25 -0.18% 0.47 times
09 Thu Mar 2023 3336.85 3330.85 to 3385.00 -1.58% 0.75 times
08 Wed Mar 2023 3390.40 3330.85 to 3396.00 0.55% 0.84 times
06 Mon Mar 2023 3371.85 3359.00 to 3404.95 0.89% 0.61 times
03 Fri Mar 2023 3342.15 3331.10 to 3358.00 0.62% 0.48 times
02 Thu Mar 2023 3321.45 3318.00 to 3369.90 -1.9% 0.71 times

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