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Niftymovers
Feb 15, 2017 7:48 AM

TATA COMMUNICATIONS  Short

NSE:TATACOMM1D
TATA COMMUNICATIONNSE

Description

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"D" Level done. Price action (Bearish engulfing & Doji at 770/760 levels) suggests bull rally may be over. Seems short below 727 ( 1.414 Extension of Fibo) for the target of 695/625 with the stop loss 757. Time frame 12 to 16 days.
tatatelecomAB=CDFibonacci
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