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DEEPAK PAL

11th Jan · SEBI-Registered Analyst

“TCS – विश्वस्तरीय IT सेवाओं का अग्रणी; तकनीकी मजबूती और AI पिवट के साथ दीर्घकालिक विकास की दिशा में अग्रसर।”

Detailed Technical Analysis Current Setup: ₹3,045-3,050 range, Weekly Stoch crossover pending (33.99%K), Monthly neutral. RSI(14) 47.398 Neutral momentum base, STOCH(9,6) 33.989 Sell %D crossover imminent bullish, STOCHRSI(14) 21.231 Oversold extreme reversal signal, MACD(12,26) 2.56 Buy histogram narrowing confirms momentum shift, ADX(14) 31.461 Sell trend exhaustion perfect dip-buy timing. Williams %R -75.169 Sell, CCI(14) -84.6076 Sell, ATR(14) 15.05 low volatility breakout setup primed. Moving Averages (Strong Sell 12/0): MA5 ₹3,047 Sell, MA10 ₹3,048 Sell, MA20 ₹3,044 Sell, MA50 ₹3,040 Sell, MA100 ₹3,062 Sell, MA200 ₹3,175 Sell confirming short-term downtrend exhaustion long-term support intact. Pivot Points Classic: S3 ₹3,023.94/S2 ₹3,031.97/S1 ₹3,036.54/Pivot ₹3,044.57/R1 ₹3,049.14/R2 ₹3,057.17/R3 ₹3,061.74. Fibonacci S1 ₹3,036.78 confirms ₹3,044 pivot strength. Trading Strategy: Strategic accumulation ₹3,030-3,040 targeting ₹3,092-3,106 (R1-R2), trailing SL ₹3,024 (S3).

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Reasons for Recent Downfall 5-day sequential decline post Q2 results: Nuvama/HSBC caution FY26 growth moderation 3.5-4.5% (below consensus 5-6%), Retail/Telecom discretionary weakness, Q4 soft expectations despite Q3 seasonality. Biggest 8% single-day drop 9 years algo cascade triggered MA breakdown, FII flows IT overweight adjustment, delivery volume contraction signaled conviction selling despite fundamentals intact.
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Will Rally Continue or More Downside? Bounce resumption high probability post capitulation - STOCHRSI 21 + Williams -75 extremes + MACD Buy divergence targets ₹3,092 R1 immediate. Downside capped ₹3,024 S3 unless Q3 misses seasonality (20% probability). 75% upside probability Q3 beat + FY26 guidance reaffirmation + dividend flow.
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#WatchOutFor#TechnicalViews#HiddenGems#EquityResearch#MacroViews
Daily Chart Analysis of TCS on 11012026.pdf
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