Why Is TCS Share Falling?
Tata Consultancy Services (TCS) has been under selling pressure in recent months. The stock made its all-time high around ₹4,580 in August 2024, but since then, it has been steadily declining.
TCS share price: If we analyze the price action on the monthly, weekly, and daily charts, it’s clear that the trend has shifted from an uptrend to a strong downtrend across all timeframes. This change in momentum indicates weakness in the stock, and TCS share price has broken multiple support levels along the way.
Downside Support Levels in TCS
Currently, TCS is trading around ₹3,400. The first strong support zone is around ₹3,350. This is the level from where the previous rally to the all-time high had started. It also aligns with the Quarterly 20 EMA (Exponential Moving Average), adding to the strength of this support zone.
If TCS share price fails to hold this level, the next major support lies at ₹3,000, which is also considered a strong long-term buying zone based on historical price action.
Upside Targets in TCS
If TCS share price takes support at ₹3,350 and starts moving upwards, the first key resistance level is ₹3,600, followed by ₹3,850.
These levels are important checkpoints. If the stock sustains above ₹3,600 for at least a week, it may signal that buyers are getting active, and a trend reversal might be underway.
What to Do in TCS?
As mentioned, TCS is currently in a downtrend. If you’re a short-term trader, it’s advisable to wait for trend reversal or confirmation of buying momentum before entering the stock.
However, long-term investors can start monitoring these support levels closely. If the price action around ₹3,350 shows signs of reversal, it could be a good accumulation zone with a long-term perspective.
TCS Share Price Target 2025
If TCS holds the ₹3,350 support zone and gradually shifts its trend to the upside, it has the potential to revisit its all-time high of ₹4,580 in 2025.
That said, any entry should be backed by technical confirmation and proper risk management, especially given the current market weakness.
What to do with TCS as of April 17, 2025?
Wait for trend reversal
FAQs
Q1: Why is TCS share price falling?
TCS has been under selling pressure since making its all-time high of ₹4,580 in August 2024. The trend has shifted from up to strong downtrend across all timeframes, leading to a steady decline.
Q2: What is the current trend of TCS?
As of now, TCS is in a confirmed downtrend on the monthly, weekly, and daily charts. The stock has broken multiple support levels, signaling weakness in the overall momentum.
Q3: What are the key downside support levels for TCS in 2025?
- First strong support: ₹3,350 – aligns with the level from where the last major rally started and supported by the 20-quarter EMA.
- Next major support: ₹3,000 – considered a long-term accumulation zone.
Q4: Is it a good time to buy TCS stock now?
- For short-term traders: No, wait for a confirmed trend reversal or price action signal before entry.
- For long-term investors: Monitor the ₹3,350 support zone. If price action shows strength here, it may offer a good accumulation opportunity.
Q5: What is the TCS share price target for 2025?
If TCS holds the ₹3,350 level and reverses the trend, it could gradually move towards its all-time high of ₹4,580 by the end of 2025.
Q6: What should investors keep in mind before entering?
Always ensure entry is backed by technical confirmation like support hold, bullish candles, or volume surge. Use a strict stop-loss to manage risk in a volatile or weak market.
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