Banknifty is in uptrend, its Montly and weekly RSI is 64 and almost 60 respectively. Daily RSI taking support @ 40. Its a good buy for swing and positional view. Major support near 41800- 42000 and specific SL below 41635. Banknifty is trading in a long channel and is currently at lower end of the channel. Further for last 3 weeks its is within a range and is not...
Stock Name - Tata Communications Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1387
#This is not Buy and Sell recommendation to any one. This is for...
📊 Script: TATACOMM (TATA COMMUNICATIONS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY MID CAP
📊 Sector: Telecommunication
📊 Industry: Telecom - Infrastructure
Key highlights: 💡⚡
📈 Script is about to give cup & handle breakout, technically script is looking good for long term investment.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1258.95
🟢...
NSE:TATACOMM
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
📈 TATA Communication 📉
This Stock Broke out from a consolidation zone of 1100-1200 of a month inside this range on upside with a strong green candle.
This can be a stock for long ride.
Bias - Long
Target - 1268, 1313, 1485 and 1558
SL - 1100
RR- 1:3
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look...
TATACOMM Formed a triangle pattern. Wait for proper breakout and retest and based on that, one can look for entries.
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#TATACOMM #TATA COMMUNICATIONS looks to be a eligible counter for breakout above 1350
The weekly charts are showing nice pullback to previous made high of about 1350 levels after a retest spread over 10 weeks
On the daily charts a cup and handle formation is visible which is also supporting the analysis of an upmove
The volume support has been...
TATACOMM successfully broken the Triangle pattern and heading towards its targets as mentioned in the chart.
Its better to enter after the retracement happen in the current uptrend for a profitable entry. Please make sure that RSI should be above the trendline for double confirmation at the time of entry.
Kindly share your valuable thoughts.
Disclaimer: Please...
Tata Communication Future
LTP: 1128.60
Support: 1053.05
Resistance: 1194.70 & 1280
This will my top pick as RSI is just about to make a bullish crossover along with triple bottom which is a bullish pattern.
Daily chart (long term)
Candles crossed over the DEMA on 19th April. The green candle made on the 20th April can be considered as a confirmation candle as it...
Currently Consolidating..
What i Found very Interesting in this chart is , Whenever the Stock goes down to 1050-1025 levels immediately buying comes , so its a strong demand zone !!!
TATA BRAND company so no issues with fundamentals.. I find this stock best BET to play communication sector theme !!
BUY AT CMP and Add above 1142 !!
I think once it croses and...
