📈 Key Details 📈
Tata Communication is a prominent member of the Tata group, a leading business conglomerate in India with a major presence in telecommunications.
The stock is currently trading at its all-time high levels, indicating strong bullish momentum.
After a consolidation phase lasting over 40 days, the stock has broken out.
📈 Technical...
The H&S pattern formed last year in Q3 and since then it never broke below the Right Shoulder despite the string selling that occurred towards the end of 2022. See how beautifully it has worked out. Nearing targets sooner than later.
📈 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...
