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 3866.9, but if it comes above 3866.9, then a intra day buy could be more profitable.
If you take a sell trade below 3866.9, then use 3866.9 as stoploss and 3799.5 as target. However if you take a buy trade in Tata Consultancy, then use 3866.9 as stoploss and 3923 as target.

TCS Tata Consultancy is falling or rising NEWS fundamental reasons

Company Announcement Tata Consultancy Services Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-04-23

Linking variable pay to attendance: What's the TCS row over bonus pay? A portion of the variable pay (bonus) is now tied to how often employees come to the office. - NEWS as on 2024-04-23 business-standard.com

Company Announcement Tata Consultancy Services Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'. - NEWS as on 2024-04-22

TCS, Infosys, Wipro see salary bills surge even as revenue growth slows Lateral hiring in high-demand sectors like artificial intelligence (AI), machine learning (ML), cloud, and engineering services are the reason behind the surge - NEWS as on 2024-04-22 business-standard.com

Mcap of 6 of top 10 valued firms at Rs 1.40 trillion; TCS, Infosys lag The combined market valuation of six of the top 10 valued firms eroded by Rs 1,40,478.38 crore in a holiday-shortened week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the maximum hit. Last week, the BSE benchmark declined 1,156.57 po - NEWS as on 2024-04-21 business-standard.com

Company Announcement - NEWS as on 2024-04-19

TCS, Infosys, Wipro see exit of 64,000 employees in FY24 amid low demand India's largest IT services companies Tata Consultancy Services, Infosys and Wipro saw a staggering 64,000 employees exiting in FY24, amid a weak demand environment globally and tighter tech spends by clients. Wipro, which announced its Q4 earnings on Frid - NEWS as on 2024-04-19 business-standard.com

Company Announcement Tata Consultancy Services Limited has informed the Exchange about Transcript - NEWS as on 2024-04-18

Infosys, not TCS, has highest weightage in IT pack. Here's the full breakup The company has a greater weightage in the Nifty IT index than TCS. Here's the breakdown - NEWS as on 2024-04-18 indiatimes.com

Accumulate Tata Consultancy Services; target of Rs 4194: KR Choksey KR Choksey recommended accumulate rating on Tata Consultancy Services with a target price of Rs 4194 in its research report dated April 16, 2024. - NEWS as on 2024-04-17 moneycontrol.com

Company Announcement Tata Consultancy Services Limited has informed the Exchange regarding a press release dated April 15, 2024, titled "TCS Announces New Delivery Center in Londrina, Brazil". - NEWS as on 2024-04-16

Company Announcement Tata Consultancy Services Limited has informed the Exchange regarding a press release dated April 12, 2024, titled "Record Deal Wins and Robust Margins Mark Strong Finish to TCS FY24". - NEWS as on 2024-04-12

More announcements and NEWS

TCS Tata Consultancy Services Limited current price & indicator signals

Moving Averages for Tata Consultancy Services Limited

  • 5Day Average: 3851.71
  • 12Day Average: 3913.08
  • 20Day Average: 3910.69
  • 50Day Average: 4019.3
  • 100Day Average: 3898.93
  • 150Day Average: 3761.14
  • 200Day Average: 3674.19

TCS Indicators & signals

Indicator MACD (12,26,9)

3894.96, 3937.7, -34.35
Indicator MACD is in negative zone

Indicator ADX (14)

12.7, 18.7, 24.14
Indicator ADX is indicating that momentum is weak.
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
24 Wed Apr 2024 3831.05 3824.45 to 3898.00 -1.13% 0.47 times
23 Tue Apr 2024 3874.70 3860.60 to 3895.00 0.26% 0.65 times
22 Mon Apr 2024 3864.60 3812.00 to 3878.00 1% 0.62 times
19 Fri Apr 2024 3826.20 3800.90 to 3852.55 -0.93% 1.06 times
18 Thu Apr 2024 3862.00 3850.00 to 3936.00 -0.28% 1.25 times
16 Tue Apr 2024 3872.80 3862.85 to 3928.70 -1.74% 1.1 times
15 Mon Apr 2024 3941.20 3919.05 to 4064.20 -1.5% 1.51 times
12 Fri Apr 2024 4001.40 3945.50 to 4013.35 0.42% 1.56 times
10 Wed Apr 2024 3984.65 3918.00 to 3990.20 0.97% 0.75 times
09 Tue Apr 2024 3946.55 3925.05 to 4015.85 -0.65% 0.67 times
08 Mon Apr 2024 3972.55 3960.00 to 4032.65 -0.17% 0.83 times
05 Fri Apr 2024 3979.25 3960.50 to 4002.00 -0.6% 0.59 times

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