Beautifully making HH HL on Monthly TF.Beautifully making HH HL on Monthly TF.
However, Bearish on Daily TF.
a Perfect Example of Bearish ABCD Reversal Pattern,
Touched Point D & Reversed.
Now, either it should close above 1520 on Monthly basis
for a positive move probably upto 1600+
else,
the selling pressure may bring it to the Next Support
around 1300 - 1365.
In worst case, it may touch 1140 - 1145.
TATACOMM trade ideas
Tata Communications Ltd - Technical Analysis
🎯 **Potential Reversal Opportunity Identified!**
The price action for Tata Communications Ltd suggests the possibility of a strong reversal from critical support levels. Here’s the detailed analysis:
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### 🔍 **Key Highlights from the Chart:**
1️⃣ **Support Zone in Focus:**
- The stock has formed a strong support base near ₹1,686.75, which aligns with previous demand zones.
- Multiple tests of this level indicate sustained buying interest and its significance in maintaining the uptrend.
2️⃣ **Momentum Indicators:**
- Trading near the 50-day Moving Average, showing potential stabilization after a corrective phase.
- The bounce from support indicates the possibility of upward momentum in the coming sessions.
3️⃣ **Next Potential Levels:**
- **Upside Target:** If the reversal continues, the stock could potentially test ₹1,800–₹1,850 as the next resistance zone.
- **Downside Risk:** Failure to hold above ₹1,686.75 may open the door for further downside towards ₹1,650.
---
### 🚨 **Risk Management Reminder:**
- Place stop-losses below ₹1,670 to manage risk effectively in case of high volatility.
- Monitor volume for confirmation of a breakout or further accumulation near current levels.
---
🔥 **Conclusion:**
Tata Communications is at a critical juncture, with signs of a reversal brewing at key support levels. A breakout above ₹1,750 could set the stage for significant gains in the near term. Traders should stay alert for confirmation signals and act accordingly.
🔔 **Follow us for real-time updates and actionable market insights!** 🚀✨
Tata Communications Ltd - Bearish Setup Playing Out!📉 Tata Communications Ltd - Bearish Setup Playing Out! 📉
As predicted earlier, the stock is continuing its downward journey, closing 0.99% lower today 📊.
🔍 Key Observations:
1️⃣ Technical Weakness: The price struggled to hold gains and got rejected at the recent resistance zone (highlighted in purple).
2️⃣ Bearish Momentum: Consistent lower highs and failure to cross the moving average signal weakness in buying interest.
3️⃣ Breaking Down Again 🔻: Today's red candle adds to the bearish sentiment, and we may see further downside if support levels fail to hold.
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TATA COMMUNICATIONS & HDFC AMC** have delivered exactly target🚨 **🎯 TARGET HIT! TIME TO BOOK PROFITS! 🎯** 🚨
📈 **TATA COMMUNICATIONS & HDFC AMC** have delivered exactly as predicted!
✅ **Key Resistance Levels Tested**
✅ **Sharp Reversals Confirmed**
💰 **Book Your Profits Now** and secure your gains! 💹
🔍 **Technical Analysis Works—Precision at its Best!**
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🔥 Stay tuned for the next big opportunity! Let’s keep the winning streak going! 🚀
#ProfitBooking #TargetHit #StockMarketSuccess #TechnicalAnalysis
intraday analysis of Tata Communications Ltd
### **Key Intraday Levels**:
1. **Resistance Levels**:
- ₹1,860: Immediate resistance (near current price action).
- ₹1,890-₹1,900: Strong resistance (if momentum continues upward).
2. **Support Levels**:
- ₹1,835: First intraday support (gap-fill target).
- ₹1,800: Key psychological level and next support.
3. **Critical Zone**:
- ₹1,835 to ₹1,850 is the critical zone where price action should be monitored closely for potential reversals.
---
### **Intraday Strategy**:
#### **Bullish Scenario**:
- **Buy Trigger**: If price breaks and sustains above ₹1,860 with good volume.
- **Target 1**: ₹1,875
- **Target 2**: ₹1,890
- **Stop Loss**: ₹1,845
#### **Bearish Scenario**:
- **Sell Trigger**: If the price breaks below ₹1,835 with strong bearish momentum.
- **Target 1**: ₹1,820
- **Target 2**: ₹1,800 (gap-fill completion)
- **Stop Loss**: ₹1,850
---
### **Indicators to Monitor**:
1. **VWAP (Volume-Weighted Average Price)**:
- Use VWAP to identify intraday trend bias. Price above VWAP = bullish bias; price below VWAP = bearish bias.
2. **RSI (Relative Strength Index)**:
- Overbought (>70): Watch for reversals or consolidation.
- Oversold (<30): Look for a potential bounce.
3. **Volume Analysis**:
- A breakout/breakdown with high volume is more likely to sustain.
---
### **Additional Tips for Intraday**:
- **Avoid chasing the price** near the open; wait for the first 15-30 minutes to identify the trend.
- If the price consolidates in a narrow range near ₹1,850, be prepared for a breakout or breakdown.
- Keep a close eye on broader market trends (Nifty50, sector performance) for additional cues.
TATA COMMUNICATIONS Swing Trade Hello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
TATA Communications Ltd view for Intraday 14th Nov #TATACOMM TATA Communications Ltd view for Intraday 14th Nov #TATACOMM
Resistance 1770. Watching above 1773 for upside movement...
Support area 1720. Below 1745 ignoring upside momentum for intraday
Support 1720 Watching below 1715 for downside movement...
Resistance area 1770
Above 1745-1750 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
TATA Communications Ltd for Intraday 25th October #TATACOMM TATA Communications Ltd for Intraday 25th October #TATACOMM
Resistance 1800. Watching above 1805 for upside movement...
Support area 1770. Below 1770 ignoring upside momentum for intraday
Support 1770.Watching below 1768 for downside movement...
Resistance area 1800
Above 1800 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
TATACOMM: Ascending Channel Breakdown & Critical Support LevelsPattern Identified:
The stock is trading within an ascending channel (parallel trendlines) that has been in formation since early 2021. Recently, it appears to be approaching the l ower support of the channel , signaling potential risks of a breakdown if selling pressure continues.
Key Technical Observations:
Channel Breakdown Threat: The price has been trending within an upward-sloping channel. However, it recently fell sharply from the upper boundary of the channel and is now testing the lower boundary. A confirmed breakdown below the lower trendline could trigger a further downtrend.
Critical Support Levels:
The ₹1,783 level has held strong as an immediate support zone. If broken, the next support lies at ₹1,693 , a significant historical level from previous price action.
A break below ₹1,693 could lead to a deeper correction, potentially targeting the ₹1,500-1,400 zone.
Resistance Levels: If the stock manages to bounce, it will face overhead resistance at:
₹1,873 (previous resistance)
₹2,000 (psychological barrier)
₹2,200 (channel top)
Moving Averages:
The stock is currently hovering near its 20-week EMA , which aligns with the lower channel support.
It is also far above its 200-week EMA , indicating long-term uptrend strength, though the current pullback should be monitored closely.
Volume and RSI:
Volume spiked during recent sell-offs, suggesting a significant distribution phase.
The RSI (Relative Strength Index) is nearing oversold territory, which might lead to a short-term bounce. However, a lower RSI could indicate bearish momentum persisting.
Outlook:
A channel breakdown may indicate a trend reversal, with the possibility of a deeper correction towards ₹1,500 if key support levels don’t hold.
Traders should watch for a confirmed breakdown or a bounce off the lower channel to time potential trades.
Conclusion: The stock is at a pivotal point, testing the lower boundary of its ascending channel. A decisive move below the ₹1,783 support could accelerate the downside, whereas a successful defense might offer a good risk-reward for a bounce. Investors should closely monitor price action and volume for signs of confirmation.
Tata Communications Swing Trade – VCP Breakout with Bullish MoveOverview:
Tata Communications (NSE: TATACOMM) recently broke above a key resistance level of INR 2070, confirming a Volatility Contraction Pattern (VCP) breakout. With the current price at INR 2126, this presents an ideal opportunity for swing traders to capitalize on the bullish momentum.
Technical Analysis:
VCP Breakout:
The stock has been forming a classic VCP (Volatility Contraction Pattern) over the last few months, characterized by a series of price contractions with each pullback becoming smaller, indicating diminishing volatility.
The breakout above INR 2070 on high volume confirms the end of the contraction phase, signaling that buyers are now in control, which makes this an ideal entry point for a swing trade.
Moving Averages:
The stock is trading well above its 50-day and 200-day moving averages, which are trending upwards, further supporting the bullish outlook. This indicates the presence of a long-term uptrend and adds to the trade's credibility.
RSI & MACD Indicators:
RSI: Currently at 65, showing that the stock still has room to move higher before entering the overbought zone, suggesting further upward potential.
MACD: The MACD line is above the signal line and rising, supporting the breakout confirmation with positive momentum.
Volume Analysis:
The breakout was accompanied by a surge in volume, which is a strong signal of sustained buying interest. This increase in volume validates the VCP breakout and strengthens the likelihood of continued upward movement.
Price Prediction:
Given the strength of the VCP breakout, Tata Communications could see an upward move towards INR 2200 in the short term, with the potential to reach INR 2250 if momentum continues. The immediate support now lies at INR 2070, the previous resistance level, which could act as a cushion in case of pullbacks
Trade Plan:
Entry: Enter at the current price level around INR 2126, as the breakout above INR 2070 has been confirmed.
Stop-Loss: Place a stop-loss below the breakout level at INR 2050 to protect against false breakouts.
Target: First target at INR 2200, with a secondary target at INR 2250.
Risk/Reward:
The risk/reward ratio is favorable at approximately 2.5:1, offering a good opportunity to ride the post-breakout momentum while maintaining a disciplined stop-loss strategy.
TATA Communications Ltd view for Intraday 25th September #TATACOTATA Communications Ltd view for Intraday 25th September #TATACOMM
Buying may witness above 2042
Support area 2040. Below ignoring buying momentum for intraday
Selling may witness below 1998
Resistance area 2000
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
TATA Communications Ltd view for Intraday 11th September #TATACOTATA Communications Ltd view for Intraday 11th September #TATACOMM
Buying may witness above 2010
Support area 1980. Below ignoring buying momentum for intraday
Selling may witness below 1980
Resistance area 2010
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Tata Communication Long 1817 RR 1:4.97Tata Communication
Current Price :
Tata Communicaton Daily Supply 2058
Tata Communicaton Weekly Supply 2058
MTF Analysis
Tata Communication Yearly BUFL 1145
Tata Communication 6 Month Breakout 1145
Tata Communication Qtrly BUFL 1674
Tata Communication Monthly Demand BUFL 1674
Tata Communication Weekly Consolidation Breakout 1674
Tata Communication Daily DMIP 1817
ENTRY 1817
SL 1720
Target 2299
Last High 2058
RR 4.97
SWING IDEA - TATA COMMThis stock looks good for a swing trade.
Reasons are stated below :
1566 levels acted as a resistance but the price broke that level and now its retesting the same.
Formed a morning star pattern on daily time frame.
0.5 level Fibonacci support.
50EMA support on daily time frame.
target - 1950
stoploss - 1508