TATA CONSULTANCY SERVICES (TCS)
India`s largest IT company TCS has registered 6.1% sequential growth in consolidated profit @ 6055.2 cr during Jul-Sep profit.
Technical Outlook of TCS
Today stock witnessed sharp selling pressure after declaring Q3 results, technical indicates stock major trend indicators are moving in negative zone like MACD and Slow stochastic. Once TCS closes and holds below 2490 then further selling pressure can be seen in coming days. If it falls further then will find strong support @ 2455 its previous bottom.
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