Tata Communications intraday alanysis for 23/06/2020 Tata Communications intraday alanysis for 23/06/2020
TATACOMM trade ideas
TATA COMMUNICATIONSHas closed on high point with god volumes, can be longed with SL of 486 for a target of 495 and further 505 and above....
1007. Swing trade for next 2 to 3 monthsSL compulsory
Stock continuously in outer circuit.
Expecting 10 to 15 % growth in next few weeks.
Holding percentage should not be exceed more than 1%, as it is a telecom industry.
510 SAN; long@ tl break or near support area (for intraday only)Disclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. WavoZen aims for microtrading, unless specified. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid. Weekly Review : WR;
Tata Communications Buy" Margin trading is NOT recommended. Do your OWN analysis before initiate trade."
Buy Below 600
Target 700
Stop Loss 500
TataCommunicationPrice at support zone and forming a base. 600 is the zone. Earlier also similar base was created. Good long term investment bet.
BEARISH BAT in TATA COMMUNICATIONSBEARISH BAT in TATA COMMUNICATIONS. One can short it for Target 1 till 38.2% retracement ie till 692 and Target 2 till 61.8% retracement ie till 678. With stoploss at 730.
