ITC is a leading Indian private sector company with a market capitalization of US $45 billion and a turnover of US $7 billion. Recognized as one of India’s ’10 Most Valuable Brands’ and among Asia’s 50 best-performing companies, ITC has a diversified presence across FMCG, Hotels, Paperboards, Packaging, Agri-Business, and IT. While a market leader in Cigarettes, Hotels, Paperboards, and Packaging, ITC is also expanding rapidly in Packaged Foods, Branded Apparel, Personal Care, and Stationery.
Previous Close
492.20
TTM EPS
16.35
52 Week High
510.65
TTM PE
30.74
52 Week Low
399.35
P/B
8.44
Sector PE
30.00
Mkt Cap (Rs. Cr.)
6,28,550
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
ITC has given a falling channel pattern breakout on the weekly chart, coming out of a 1-year consolidation. Post breakout the stock is trading in a higher high higher low formation.
Stock has shown high volumes at breakout indicating a confirmed breakout.
Momentum Indicator RSI (14) has given a falling channel pattern breakout above 55 levels with a bullish crossover on the cards.
Stock has been trading above major EMA on the weekly chart maintaining the bullish momentum.
MACD has given a positive crossover indicating a shift in momentum to positive.
Tata Consultancy Services (TCS) is a leading IT solutions provider. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services, delivered through its unique Global Network Delivery Model, which is recognized as a benchmark of excellence in software development. The company is also engaged in the Telecom, Retail and Distribution, Banking, Financial Services, and Insurance sectors.
Previous Close
4,295.25
TTM EPS
129.55
52 Week High
4,431.00
TTM PE
34.09
52 Week Low
3,311.00
P/B
17.66
Sector PE
35.92
Mkt Cap (Rs. Cr.)
15,97,765
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
TCS has given a rectangle pattern breakout on the weekly chart, coming out of a 6 – months consolidation. Post breakout the stock has formed a hammer pattern near pullback levels.
Stock has shown high volumes at breakout indicating a confirmed breakout.
Momentum Indicator RSI (14) Is reading above 60 levels with a bullish crossover on the cards.
Stock has been trading above major EMA on the weekly chart maintaining the bullish momentum.
MACD has given a positive crossover indicating a shift in momentum to positive
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