Buy at 1750-1760
Target - 1948
Stop Loss - 1723/1720
Tata Communication has taken a 200 EMA support and as per Fino accident & 50 EMA the Target is as above
Note: This is not a recommendation
Tata Communications Ltd. is another interesting chart with following
1. RSI above 60 on daily and monthly time frame
2. Narrowing Bollinger Bands on Weekly Chart
3. High Trade and Delivery Quantity
4. Ascending Triangle Breakout on daily chart
5. Price Walking on upper Bollinger Bands on daily chart
6. ABCD Pattern under formation on weekly chart
Can be a...
Tata communications is taking support at 1670 range.
It is trying to break above the trend line.
High volumes from two sessions.
If volumes support and price sustains above the trend line this should give an nice up % move.
Check similar setup in Vaibhav Global, V guard etc.
I took trade earlier anticipating breakout but SL hit, GTT closed the trade.
I do not...
TATACOMM is triangle break-out done... retest done
Entry: 1825
Target: 2008
SL: 1746
My Views are purely Educational, do not consider it a trade advice.
📈 Tata Communication
✅Trend support from lower levels
✅ Engulfing candle + rise in volume
✅ 50 ema breakout
✅Ready to break symmetrical triangle pattern+ flag
📊 DETAILS
Sector: Telecommunications Services
Mkt Cap: 52,226 cr
Tata Communications was incorporated on March 19, 1986 as VSNL. In February 2002, the Government of India, as per their disinvestments plan, sold 25% of their holding in the company to the strategic partner. Consequently, the company was taken over under the administrative control of TATA. It...
As we can see on the charge that TATA communication faced in resistance around level of 1539 to 15 45 in the year 2022 after that it broke the resistance and 2023 and now it was consoliding in a range and after a long time what we can see here is an kind of range break out and one thing which we can see more hair is and slower of down Trend and conversion of trend...
Tata Communications Daily Chart Near To BREAK-OUT
1. Close within 52 W High Zone 1957.35(-7.4%)
2. Volatility contraction
3. Close above previous day High
4. Close above last week High
5. Close above last month High
6. High increase in 1 year (+44.5%)
7. Promoter holding 58.9 %
8. Pledged percentage 3.14 %
9. Change in Prom Hold 0.01%
10. FII holding...
Since today's and yesterdays trades have started to work, feeling confident to add more exposure
tata com - excellent long term structure
in.tradingview.com
entry - cmp
sl - day's low
breaking out of a low volume consolidation channel, supply is getting absorbed, and daily trend is starting to align with the weekly trend
NSE: TATACOMM is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has reversed at key support area which is indicating demand.
One can look for a 18% to 25% gain on deployed capital in this swing...
