telecommunication services stock-TATACOMM achieved 456 technical tgt

TATACOMM future chart Tata Communications Limited stock trading with almost 5% gains at 453. Hit high near 457 in intraday.   TATACOMM stock achieved it technical targets for may series around 434 and 456. Now expect correction in short to medium term. On downside 434 and 405 are supports as well as tgt zones.   Next major move will happen if gives weekly closing above 460 for tgts 485 and 510.   For me this rise is shorting opportunity in stock future for tgt 434 and below. Option traders watch 450 put options for big move till expiry.

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Pramod Baviskar

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