Tata Communications Limited
Long
Aktualisiert

SWING IDEA - TATA COMM

1 256
This 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
Anmerkung
price is up by 6% from our buying price.
HOLD, price might retrace a bit.
Anmerkung
Price made a high of 10% from our buying price.
It is consolidating right now so we can hold till our targets.
Anmerkung
Price corrected and made a higher low and currently is 9% up from our buying price. We can hold this.
Trade geschlossen: Ziel wurde erreicht
first target achieved 22%, price made a high of 25%+ from our buying price.
Anmerkung
we can hold, price is sustaining above 1950.
Anmerkung
Weekly candle is a bullish marubozu and it closed above the previous swing.
we can HOLD!
Anmerkung
if you're still holding then move your stops to entry price

Haftungsausschluss

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