tata comm stock in down swingafter forming double top stock is falling took a pause from 723/713 and yesterday again started trading down and closed at lower side of range short with sl 726 tgt between705/686
TATACOMM trade ideas
Long Tata Communication 2 days Target 740 from 715Tata Communications looks like double bottom on shorter time frames
So target may go to 20 Rs upside i.e 5 % gain risk is less than 1 %
BEARS ARE IN , Tata communication I just want to share interesting price history of tata communication, It has rewarded the investors with full hand.On November 1 2000 stock got split from 3;1, at the price of 348 . may be stock price was 116 and made a low 71. it took 3 years to get this low.And within span of 4 years, I mean to sayin 2007 it made an high of 750.Is it AMAZING? Then what Happenned? From 2007 it started falling to the level of 118. From 2013 to 2017 4 years of time made another high of 767. It has made double top.Is the history repeat? Is it time for long time investors to book profits and stay away? or will it move towards the next ltrajectory. Anyone very good at fundamental analysis guide. weekly chart showing tiredness, Engulfing candle has eaten away the two months price action. Possibility of 585 in two months time frame?
tatacomm - a double top formationfor educational purpose only - sell tatacomm below 725.5 sl 735 tgt 670
tatacomm long with shivthis is ricky tarde take long @ 744-747 sl 739 trg 751 756 760 ...before trade do own analisis ...this is study perpose only....
tatacomm Inside bar buy for the target 761. as price is above the 21 day moving average and it has formed inside bar. look for pull back .
ONLY EDUCATIONAL PUPOSEIN TATA COMM chart there is DESCENDING TRINAGLE , DESCENDING TRIANGLE in uptrend its a bearish sign ,bcz in uptrend descending triangle price start to making a LOWer HIGH thts y high chances to reverse the price , after all it can be continue in uptrend after triangle brkou
Tata Communication - Break out!Tatacommunications is consolidating inside the triangle. Close above 745 indicates bullishness. Stoploss 741. Targets are 748, 752 and 755. Use trail stop to protect your profit. Another version of the analysis is also here.
TATA COMMUNICATIONS "D" Level done. Price action (Bearish engulfing & Doji at 770/760 levels) suggests bull rally may be over. Seems short below 727 ( 1.414 Extension of Fibo) for the target of 695/625 with the stop loss 757. Time frame 12 to 16 days.
Waiting for the short entry in TATA commThis chart is showing great resistance and if cloud breaks to downside along with the break down of 78.6 Fib level i.e., 627 by tomorrow, we may expect to reach the price at least to reach 61.8 Fib level. I do not consider trading this short trade for a long period of time as I believe that this script is in a strong up trend.
Tata Communication - Confused ?NSE:TATACOMM has entered yet another zone , following which may stay out of the zone for quite some time.
A good upward thrust recently but as in the past, could be followed by down move.
Tata Communication- Symmetrical Triangle Breakout- Buy SetupAs seen Tata Communications has broken out of symmetrical triangle with volumes on the daily chart on 12 Jan . Also, it is bullish in the larger time frame.
CMP- 670
Expected Levels- 780
SL- 620
Tata communications seems to have started another upmove...Tata communications has broken out of it's recent range with increasing volumes and as per the EW view also the 3rd wave seems ON
ONLY FOR EDUCATIONAL PURPOSEIn TATA COMMUNICATION chart thier is Descending triangle it is a continuous pattern , it may be continue in upside or highly chance to revesre in downtrend ....
tata communication can test 671-675 levelsas we can piercing pattern at the support area of 590-592 level and stochastic in oversold condition there and i would recommend there to buy a call there
TATA COMMUNICATIONTATACOMM now looking awesome already suggested personally for peoples buy at 655 now trading at up... stock may run till 700 also.. so buy here sl just 645
Another flag in Tata communications....Waiting for breaking flag will not result in favourable risk to reward ratio..... hence reccomend buying around 608-610 with stoploss of 600 & target 650 (risk:reward ---1:4)
