TATACOMM trade ideas
tata communication looks a good longTata communication is at a good support level making a "W" formation and can be a good long at current levels of 534 with a stop loss of 528 and for a targets of 565-590.
for educational and study purpose only.
TATACOMM on Multiyear TrendlineTATACOMM is testing the multi year trendline. Awaiting for a breakdown/Reversal
TataComm, 200WMAWeekly charts combined with major MAs give good trading/investment ideas. In fact 200 WMA is much reliable for direction.
a) Price crossed 200WMA on 11.10.2013 which changed the long term trend. Price rose steadily.
b) Between August 2015 to May 2016, the stock made several attempts in and out 200 WMA just to keep the integrity of the trend and then rose sharply.
c) At 783, resistance of Triple Top pattern pushed it down.
d) At present price is once more at 200 WMA. This will decide the future course of the stock.
e) If it tests 532, on daily chart there will be a Positive Divergence on Stochastic, RSI and MACD. So this can be an immediate support and reversal zone. This level was tested on 20the July and price reversed.
Conclusion: Price at crucial support. There is some possibility of changing the trend once more.
Tata Power Crucial LineTata Power is at a crucial long time support level .
More chances of going down as stock strength is weak .
Short once the level broken .
Sell on Rise , Be aware of this Fake (Non Trust) Brake out Be aware this kind of set up , these are created only put retail in optimization and then take the market down , on HTF this one is going down , and it will likely make till 500 , take a short selling in Future on reversal near 605 to 615 with reversal in sign on 1 Hour and hold it ,
sell on Rise This one is making a tiny Contracting Flat , where it dose not need to brake the High or tag the High and it will likely reverse before it
one can look for sell on rise with their trading method
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. :-)
My PredictiveEngine's Intraday call(17-May-18)-TATACOMM-LongBased on my PredictiveSystem's signals, its going to be a GREEN candle on 17-May-2018 for TATACOMM
Buy Above: 625.7 for targets -
T1: 630.4
T2: 633.2
T3: 636.1
SL: 620.7
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. :-)
TATACOMM- Triangle Pattern Bullish Move on!!#TATACOMM #MARKET stock has formed triangle pattern and now stock looking for 678 as there is support level at 637. Buy stock here for move in next 2-3 days.
Tata Comm - Symmetric triangle NSE:TATACOMM has formed symmetric triangle near its 6 months support line.
Go long above 644.80
T1 - 678.90
T2 - 703.38
SL - 614.90
Possible downside on breaking its support....Explained in chart....
Disclaimer:
All my post are for educational purpose, non-directional and non-advisory
