29-Aug-2014
Last closing price (28-Aug-2014): Rs. 375.80 (NSE)
Click on the charts for enlarged view.
Last closing price (28-Aug-2014): Rs. 375.80 (NSE)
Click on the charts for enlarged view.
Going by the past 8 months chart data, Tata communications Ltd. had formed Upflag couple of times. Upflag was formed on 31-Dec-2013 and later on 27-Mar-2013, with surge in volumes.
On 28-Aug-2014, Tata Communications Ltd. formed the bullish pattern Inverted Head and Shoulders on the daily chart. The closing price was Rs.375.80 on NSE.
As per the calculations, the stock is expected to reach a target price of 399.80 in 7 trading days from 28-Aug-2014.
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