TCS 1 Week View

📊 Weekly Technical Overview

Current Price: ₹3,004.80 (NSE)

Weekly Performance: +3.57%

Year-to-Date Performance: −26.69%

52-Week High: ₹4,592.25 (Aug 30, 2024)

52-Week Low: ₹2,888.40

🔍 Key Technical Indicators

Moving Averages:

5-Day MA: ₹3,018.94 (Sell)

50-Day MA: ₹2,980.76 (Buy)

200-Day MA: ₹3,046.08 (Sell)

Relative Strength Index (RSI): Currently at 40, indicating a neutral stance.

MACD: Bearish crossover observed, suggesting downward momentum.

Support Levels: ₹2,888.40

Resistance Levels: ₹3,176.70

📌 Conclusion

TCS is currently in a consolidation phase with a slight upward bias. Investors should monitor the stock's movement around key support and resistance levels. A break below ₹2,888.40 could signal further downside, while a rise above ₹3,176.70 may indicate a potential trend reversal.