VCP - Tata Comm Neckline breakout in Tata Communication.
Following with close stop loss, will be interesting to see if it can make a meaningful upward thrust from here
Tatacommunication
TATA COMMUNICATIONS LTD - Long Term + Cup & Handle Breakout Soon📊 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
🟢 Target 🎯🏆 - 1400
⚠️ Stoploss ☠️🚫 - TRAILING
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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My view on TatacommTatacomm
Forming inverse Head & Shoulder pattern
Above 1246-1248
Tgt 1260-1280-1300++
Keeping on radar Tatacomm 1300 CE
BULLISH on TATACOMMNSE: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.
Tata Communication: LongNSE:TATACOMM completed the rounding bottom over last 5 months. Yesterday there was a breakout. Today, with the market, it's re-testing the neckline around 1245.
Per the price-prediction over next month, it seems there will be some consolidation throughout next week and there can be a breakout towards 1342 / 1438. SL to be : 1175.
TATA communications stock good for swing tradeTATA COMMUNICATIONS good for swing trade. because it broke trendline
TATA COMMUNICATIONS stock trendline is broken and buy on breaking the high of todays candle
buy 1150 and sp 1060 and 1st target is1207 2nd target is 1265
TATACOMM Positional Long CallDate: 22 AUG 22
Entry Price: 1150
Stop Loss: 1069.5 (-7%)
Target Price: 1437.5 (+25%)
Risk Reward Ratio: 3.57
TATA COMM - Buying volume built-up Expecting a good breakout above 1540 and hit can hit the upper resistance line. Indicators are turning bullish too
TATA COMMUNICATION: BREAKOUT TRADE NSE:TATACOMM
Long above - 1018
always trade with stoploss
for option I will use 1000 CE
keep learning
happy trading
Tata Communication Chart Analysis !!📈 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 and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Tata communicationTata communication bullish view with a small SL below 1255, reason: if SL gets hit will wait for another opportunity around 1200 and lower in a buy in parts strategy, for now will buy with a bullish expectation from here.
TATACOMM Trade Setup For TomorrowTATACOMM Formed a triangle pattern. Wait for proper breakout and retest and based on that, one can look for entries.
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NSE:TATACOMM Cup&HandleNSE:TATACOMM
#NSE:TATACOMM formed beautiful cup&Handle pattern...
Message me for levels, check the details on my profile.
Breakout Stock: Tata Communication Tata communication is breaking out from 8 months of consolidation with very good volume
Tata Communications LimitedCup and handle pattern in Tata communication. Handle shakeout completed and new breakout today.
Tata Communications LimitedCup and Handle pattern in Tata Communications Limited. now it starts increasing from handle area
Tata Communications - Breakout - Resistance Positional Trade: Tata Communications has broken out from a resistance at 1190.
Buy: Tata Communications
CMP: 1205
Target: 1350
Stop Loss: 1140
TATA COMMUNICATIONS - Triangle Breakout strategy (June & July)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 do your own analysis before taking any trade. This view is for educational purposes only.
Tata CommunicationTata 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 is trading over the DEMA.
Basic bullish DEMA pattern is 5, 10 and 20 DEMA. The DEMA currently is showing a reversal. 5 DEMA is crossing over the 10 DEMA. We may see a big up-move if the cross over continues.
MACD and RSI are showing a positive reversal as well.
Hourly chart (medium term)
The last candle is a beautiful green one with a huge momentum.
DEMA is in a positive reversal as well.
MACD and RSI too have entered bullish territory.
15m chart (short term)
50 DEMA is crossing over the 100 DEMA which is a very good sign.
Candles look strong.
MACD has some superb bars and is trading in the bull zone.
RSI too is in the bull zone.
Final overview: Can buy for medium term targets of 1190, 1250 and 1280. If the stock breaks 1280 and trades above these levels, we may see a huge up-move.
TATA COMMUNICATIONS - 1-3 MONTHS IDEACurrently 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 closes above 1142-1150.. very fast movement can come in this stock..
Stop Loss also can be kept at 1025-1050 on closing basis only.. Only a closing below that level will be bad for the stock
