Tata communications Accumulation zone till 1575..
A tata group company consolidating near to its averages. Rise in dependance on technology AI has made this company another reason to invest. Currently it is under valued in comparison to its peers. Likely to trace lows of 1575-1611. To resume upward trajectory for above 2000 levels in less than an year. Latest acquisition supports the business in a synergic manner. Good governance and bottoming IT index as a sector made this a reasonable bet to evaluate at these level till 1600.
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