[MMB TCS] Im expecting it will go down to 2000 as there is no scope of going high.resukts may not be good enough.even last qtr res...
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The broader market has seen recent volatility, with Sensex falling on some days and recovering on others. The IT sector, particularly large caps like TCS, is often sensitive to global economic outlooks and client spending.
What happened
The broader market has seen recent volatility, with Sensex falling on some days and recovering on others. The IT sector, particularly large caps like TCS, is often sensitive to global economic outlooks and client spending.
Why it matters
For IT stocks, monitor global economic indicators and client spending trends; consider short-term bearish bets on TCS only if fundamental data supports the MMB sentiment, with strict stop-losses.
Impact on Indian markets
For Indian markets, this story mainly matters for TCS and the Information Technology pocket. The current signal is mixed, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.
Stocks and sectors to watch
Stocks in focus include TCS. Sectors in focus include Information Technology. The post expresses a strong bearish view on TCS, predicting a significant price drop due to expected poor results.
What traders should watch next
Watch whether the next market session confirms the setup described here: The post expresses a strong bearish view on TCS, predicting a significant price drop due to expected poor results. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.
Trading Insight
Key Evidence
- •User expects TCS to go down to 2000.
- •User believes there is no scope for TCS to go high.
- •User anticipates poor results for TCS.
- •User notes that even last quarter's good results led to a massive decline in stock price.
- •Risk flag: This is a highly speculative post from a retail message board, not professional analysis.
Affected Stocks
The post expresses a strong bearish view on TCS, predicting a significant price drop due to expected poor results.
Sources and updates
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