Tata Consultancy Services Limited
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TCS 1H Time frame

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TCS 1-Hour Snapshot

Price is around ₹3,110

Showing small gains in recent sessions

Has been under pressure from broader IT sector weakness, but holding above some short-term support

🔎 Technical Indicators & Trend

Moving Averages (short-term hourly) are slightly below current price → providing support

Medium-term MAs (50-hour etc.) are above → resistance overhead

RSI (hourly) is moderately neutral—neither strongly overbought nor oversold

Trend strength appears modest; no sharp momentum bars or volume spikes indicating breakout

🔧 Support & Resistance Levels (1H)

Support: ~₹3,080–₹3,090 first support zone

Resistance: ~₹3,130–₹3,140 nearby resistance

🧭 Short-Term Outlook

Bullish Case: A break above ~₹3,130-3,140 with volume could push toward ~₹3,160

Bearish Case: If it fails to break resistance and drops below ~₹3,090, possible move toward ~₹3,060

Overall Bias: Slightly bullish to neutral; waiting for confirmation from resistance breakout

Aviso legal

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