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Umang Bhutada

8th May · SEBI-Registered Analyst

Tata Consultancy Services – Positional

TCS
Important Levels: Support: 3,850 – 3,750 Resistance: 4,150 – 4,250 Structure: Sideways → breakout setup Business: India’s largest IT company Strong enterprise + BFSI client base High margin, stable cash flow Earnings: Consistent performer Strong deal wins but short-term slowdown in growth Defensive IT play Verdict: 👉 Stability + positional play 👉 Best for conservative traders

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