Technical charts show that HCL Technologies, TCS, Infosys and Tech Mahindra shares could fall up to 8% from here on; while, Wipro can potentially rally by another 11%.
CLICK HERE FOR THE CHART TCS Current Price: Rs 4,085 Downside Risk: 7.7% Support: Rs 4,079; Rs 4,049; Rs 3,876 Resistance: Rs 4,230 In recent days, TCS tested resistance around its super trend line on the daily scale and then retreated.
Sector leaders - TCS and Infosys posted a near 12 per cent YoY growth in profit, while HCL Technologies Q3 net rose by 6 per cent YoY, and Tech Mahindra's consolidated profit surged by 93 per cent YoY. ALSO READ: Wipro's Q3FY25 results exceed projections, yet analysts remain divided Amid the Q3 earnings last week, IT shares ended the week with net losses on the BSE and NSE.
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