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.
Tatacommunication
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
Long TataComm with SL OF 486 Buy Tata Communications with a S.L of 486 and targets of 498.3 , 501.95 respectively. Do not take a trade if it opens above 496.
Disclaimer :
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Any opinions, news, research, analyses, prices, or other information offered is provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
MyAlgo: xRWave-Blaster: Intraday call:14Jun-TATACOMM-LongBased on my "xRWave-Blaster" predictive trading methodologies, its going to be a GREEN candle on 14-Jun-2018 for TATACOMM
Buy Above(5Min candle close): 610.3 for targets -
T1: 614.9
T2: 617.6
T3: 620.5
SL: 605.4
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My PredictiveEngine's Intraday call(31-May-18)-TATACOMM-LongBased on my PredictiveSystem's signals, its going to be a GREEN candle on 31-May-2018 for TATACOMM
Buy Above: 633.6 for targets -
T1: 638.4
T2: 641.2
T3: 644.2
SL: 628.5
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Tata Communication : We are in Harmony...Good Morning ! After a long time, looks like I'm coming up with earlier post. We are communicating with Tata Comm real good & in harmony , so that's the reason for the Bearish Gartley over there. For most of new followers, this may be new stuff but don't worry, its just good-old goodie which I used regularly before I left from site, even now I use harmonics & I love them. And for New followers - The Harmonics around you are far away from the truth, so don't get confused.
If patterns are something new, just skip & try some other trading setup, you may find the expected bearish move but wait, harmonics doesn't guarantee a successful trade. Look at the bullish day we had yesterday & we are countering it. oh ! isn't it wrong to counter the markets ??? When your trade plan says to counter it, Do it, That's what discipline is about, irrespective of the result.





















