Target Achieved - TATA COMMUNICATIONS LTD. (TATACOMM)
Our First Target for TATACOMM for 600+ dated 02 Oct 2016 was achieved on 5 Oct. Next Target for TATACOMM (CMP - 645.00) dated 05 Oct 2016 for 640---650 achieved on 10 Oct 2016.
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| Past two years weekly trend |
Suggested at 564.15, reached 645 - 14.33 % upwards
Expected to correct now.
 |
| Past 6 months daily trend |
If sustains above 640, will next hit 690--700
Else
will correct itself down to 600-585 levels and then rise towards 700 levels.
BOOK PROFITS AND EXIT TOMORROW
Hourly Technical Indicators suggest strong selling. Buy again at lower levels. Or can hold for long term for it to reach 700's.
Hourly Technical Indicators suggest strong selling. Buy again at lower levels. Or can hold for long term for it to reach 700's.
Keep a watch on your investments since the market is uncertain and highly volatile. The stocks show corrections in Long phases. Patience is key for Long Term investments.
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