TCS - Signs of financial stress?

Here I am sharing my perspective on the technical chart.
The chart is self explanatory as always.

TCS Q4 Results – Net Profit Declines 2% YoY to ₹12,224 Crore, Misses Street Estimates.
Salary hikes for employees have been paused due to ongoing global uncertainties.
This is not a happy sign for sure.

IMHO, the 2890 - 3000 price range may be tested soon, which is a good support zone.

It may or may not turn out as expected, But it is always wise to have a plan just in case it does.
What do you think?


Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.