Possible downside on breaking its support....Explained in chart....
Disclaimer:
All my post are for educational purpose, non-directional and non-advisory
TATACOMM trade ideas
Tata Comm. - At Support Zone.At Support Zone.
Trend Line Support.
EMA Support.
Positional View.
Other Details Mentioned in Chart.
Please Consult Your Financial Advisor Before Taking Any Decission.
I am not SEBI Registered Financial Advisor.
Tata Comm - Symmetric triangle NSE:TATACOMM has formed Symmetric triangle
Go long above 723.75
T1 - 747.20
T2 - 775.40
SL - 693.10
TATACOMM Round GARTLEYTATACOM has been moving in a down trend for a but, just complete a rather_round_wing_Gartley right on the edge of the trendline.
Awaiting a breakout or reversal.
Tatacomm at support levelsBuy above 670 for targets of 680,690,700.Stop loss 656
Sell below 650 for targets of 640,626,616.Stop loss 660
TATACOMM Channel BreakoutTATACOMM is moving in a channel, respecting a neckline, breaking our of it finding resistance at upper channel.
Awaiting retest of neckline or breakout
TATA COMMUNICATION, LONG above 730, TARGET-810, STOPLOSS-690After forming double bottom (indicated in graph), share is about to break the channel (shown by parallel black lines). EMA 12 days is also moving above EMA 26 days (shown by yellow and blue lines). Share has formed Marubozu (shown in blue box). RSI is also supporting price rise (shown by arrow). All these things indicate that share is bullish now. Strong resistance, share has around 730, One should make entry above 730.
Tata CommunicationsThe stock has given a Cup and Handle break out on the 120 mins chart line. Can immediately do levels of 755 in the immediate short term. SL 710 on closing basis.
TATACOMM TriangleIts made cup and handle and handle in a triangle. Lot of shooting stars in the end.
Pattern Series 6 - Bearish Gartley Pattern!I thought these cypher, Gartley patterns are tough until I learnt it is based on fibonacci ratios. Draw fibonacci levels from X to A. Point B should not close above 0.618 fib level. The point C should form between A and B. Point D should not close above 0.786. Now lets see how to trade this Gartley pattern. Sell at 0.786 with the stoploss of few points above it. Your risk should be minimum and it should not exceed risk : reward ratio of 1 : 1. Targets are 0.5, 0.38 and 0.236 fib levels. People who love fibonacci ratios, dont miss Gartley pattern trades!
TATACOMM Wedge Breakout n RetestTATACOMM broke out of the rising wedge and retesting the level again for a reversal or breakdown in and through the wedge all together.
Tatacomm - Sep 5 Day Trade!Buy above 655 with the stoploss of 651.Targets are 659. 662 and 666. Sell below 651 with the stoploss of 655. Targets are 647, 644 and 638. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
Tata Communication - Inverted head and shoulders - BreakoutTata Communication is buy opportunity for target of 680, 695 & 710. SL 650
TATACOMM Channel RetestTATACOMM is retesting the channel, after a small breakout.
Its in the breakout/reversal zone. Might enter the channel again or give a big leg down.
tatacomm is showing strength in pull back it has crossed the 625 where it broke down to lower levels, if there is follow through in strenth, soon it can reach the levels of 653 and 680
TataComm - Aug 9 Day Trade!Buy above 633 with the stoploss of 629. Targets are 638, 644 and 650. Sell below 630 with the stoploss of 634. Targets are 625 and 620. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
