TCS Oversold — Eyeing a Short-Term Rebound

Tata Consultancy Services (TCS) is approaching oversold territory on the daily chart with RSI near 30, signaling potential for a short-term bounce. Price action is testing support, and risk is well-defined with a 1:1+ risk-reward setup. While the broader IT sector remains under watch, this setup offers an attractive opportunity for swing or short-term traders.