Introduction to TCS
As a Google SEOer, it's crucial to understand the current market conditions and the expected performance of key stocks. Tata Consultancy Services (TCS) is one of the top IT firms with strong financial backing. This article aims to provide a detailed analysis of the stock, its support and resistance levels, and the expected target price for the coming year.

Technical Analysis: Support and Resistance Levels
Currently, TCS is supported at the 3073 level, which coincides with a significant Fibonacci level of 61.8%. If this support holds, we can expect the stock to reach new all-time highs once it breaches the 4050 level. This target price has been estimated based on the historical performance and current market trends.

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TCS Performance in the Fintech IT Index
In the past year, the Fintech IT index experienced poor performance due to economic factors such as war and inflation. Consequently, many IT shares witnessed a downturn. However, recent trends indicate that the NIFTY IT index is regaining strength, and this positive trend is expected to affect TCS as well.

Target Price Prediction
Based on our technical analysis, the target price for TCS for the coming year is estimated to be Rs. 3700. This projection is based on the recent bullish momentum and historical price movements. The stock is currently performing well, and the market experts have set a target of Rs. 3050 for a similar scenario.

Moreover, TCS is expected to break the 4000 level in the upcoming period, and prices are anticipated to move towards 4000 or more as the bullish momentum persists.

Conclusion
In conclusion, the future performance of TCS appears promising. With strong support levels and potential targets, investors and traders should keep a close eye on the stock for potential investments. For more detailed technical analysis and strategies, you can read through our full article on the TCS stock share targets.

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