TCS share are down by -1.14%, Nifty up by 0.15%

TCS Share Price Today on : At 19 Sep 16:00 today, TCS shares are trading at price ₹4296.85, -1.14% down from the previous closing price. Sensex is trading at ₹83184.8, up by 0.29%. The stock has hit a high of ₹4421 and a low of ₹4282.9 during the day.

On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹4385.5, ₹4474.05, & ₹4525.9, whereas it has key support levels at ₹4245.1, ₹4193.25, & ₹4104.7.

Till 4 PM today, the volume traded on NSE & BSE for TCS was -9.95% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..

From a fundamental analysis perspective, the company has a ROE of 50.75% .The current P/E of the stock is at 33.71 & P/B is at 17.05.

The MF holding has increased from 5.98% in march to 6.13% in the june quarter.

The FII holding has decreased from 12.70% in march to 12.35% in the june quarter.

TCS share price down -1.14% today to trade at ₹4296.85 while its peers are mixed. Its peers such as HCL Technologies, Tech Mahindra are falling today, but its peers Infosys, LTI Mindtree are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.15% & 0.29% each respectively.