RESULT AHEAD ON 19 JAN 2022 ; KEEP AN EYE ON TATACOMM 👀

FOR MONDAY LIVE MARKET PREDICTION PLEASE CONTACT ON 7772909587 📲

BUY TATACOMM FUT 2 LOTS ABOVE 1585 TARGET 1620/1670 SL 1525

SELL TATACOMM FUT 2 LOTS BELOW 1520 TARGET 1485/1440 SL 1580

Last week we have witnessed a fresh brekout in Tata Communications and that too at its life time high .In this week Tatacom stock opened @ 1485 .Then  made a  high of 1593 & low of 1470. There was very lackluster movement consolidated in the range 1492-1541 throughout  the week .Tatacomm  quarterly result is going to be announced on 19 JAN 2022.. so good movement is expected  in next week . I  suggest next major support @ 1481 & resistance @ 1604.

The target for the breakout comes around Rs 1750 and hence short tern traders can enter the stock with a stoploss of Rs 1450.Meanwhile, investors should keep holding their positions since the stock is in strong uptrend. Larger degree trend would remain intact till the time Rs 1250 is not breached.