TCS share price rebounds 14% from September low: Can the rally extend further?
New Delhi, Oct. 14 -- Tata Consultancy Services (TCS) share price rose 3% on Wednesday, 14 October, extending gains for a second consecutive session as investors continued to react to the IT major's Q2 results and its upbeat growth outlook. TCS shares have rebounded nearly 14% from their 29 September low of Rs.2,032.
TCS share price today opened at Rs.2,277 apiece on the BSE, the stock touched an intraday high of Rs.2,335.45 per share, and an intraday low of Rs.2,268 per share.
Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities, said TCS has staged a nearly 14% pullback from its 29 September low of Rs.2,032. The stock has reclaimed its 20-day, 50-day and 100-day exponential moving averages (EMAs), signalling an im...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.