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Ankita_yadav

TATA COMMUNICATION, LONG above 730, TARGET-810, STOPLOSS-690

Long
TATA COMMUNICATION (NSE:TATACOMM)  
Ankita_yadav Updated   
NSE:TATACOMM   TATA COMMUNICATION
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
After forming double bottom (indicated in graph), share is about to break the channel (shown by parallel black lines). EMA 12 days is also moving above EMA 26 days (shown by yellow and blue lines). Share has formed Marubozu (shown in blue box). RSI is also supporting price rise (shown by arrow). All these things indicate that share is bullish now. Strong resistance, share has around 730, One should make entry above 730.
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