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Technicals for Tata Communications Limited
By MusingTheNews
2026-02-03 20:58
Overall Technical outlook
Price Summary
The stock of Tata Communications Limited experienced a -2.27% dip, showcasing a awful market performance. On 2026-02-03, Tata Communications Limited's stock began at 1620.0, peaked at 1620.2, bottomed at 1565.0, and closed -2.27% lower at 1583.3, with a volume of 371455 shares. Over the past year, the stock's highest price was 1971.3, and its lowest was 1316.25. 10 analysts suggest that TATACOMM's future price will lie between 1575.0 and 2250.0, with an average expected price of roughly 1981.8.
Technicals
Support and Resistance: The current price of 1583.3 is supported at 1548.6, with resistance at 1639.8. This suggests that the price for TATACOMM might remain between these levels, where 1548.6 acts as a floor and 1639.8 as a ceiling in the market. Support/Resistance for TATACOMM
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Tata Communications Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Tata Communications Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for TATACOMM. Parabolic Stop and Reverse chart for Tata Communications Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Tata Communications Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are aligned for a bullish trend, but the slopes of the faster averages suggest that this strength may be fading for TATACOMM. The weakening momentum in these shorter-term averages hints that a reversal could be approaching, signaling that the current trend might not hold much longer. Tripple SMA chart for Tata Communications Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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