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Kunal-Battu

BULLISH on TATACOMM

Long
TATA COMMUNICATION (NSE:TATACOMM)  
Kunal-Battu Updated   
NSE:TATACOMM   TATA COMMUNICATION
Trend Analysis Chart Patterns Technical Indicators indianmarket indianstocks Trend Line Break Weekly Charts outperformer tatacommunication
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trendanalysis chartpattern indicator indianmarket indianstocks trendlinebreak weekly outperformer tatacommunication
TATACOMM

On weekly timeframe the price has given breakout from the trendline. The MACD on weekly basis is also bullish. And RSI is also above 50 which shows good momentum. The prices has crossed the moving averages and is above all the moving averages which shows bullishness. The stock has outperformed NIFTY for 2Y timeframe. This view is for 6 to 12 months. The SL level is around 1055 levels. Target 1 is around 1500 levels and after that i will update on the targets.

Disclaimer : This is my own view and analysis. This is for educational purpose. This is not a recommendation, call, or a tip.
Comment:
Trail SL to 1095 levels
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