TATA COMMUNICATIONS
FIRST REPORT PREFACE Firstly wanna welcome everyone to this blog page where I'm gonna post analysis about stocks and its performance throughout the day and where to make a position and where to exit and where to keep a stop with every possible scenario explained. Today here I'm gonna post analysis about "TATA COMMUNICATIONS" analysis for 15/11/2023 here the above picture shows the price reversal from 0.23 retracement level on weekly timeframe using Fibonacci retracement. So, what does daily timeframe of price pattern says? lets find out with points. here in second image price took rejection from golden ratio 0.5 on daily timeframe and what else marks the reversal? if you look closely 26-oct-2023 candle is hammer so price moved up and at point where hammer candle formed is a support and 0.23% retracement zone on weekly and monthly timeframe but what does hourly and 30min timeframe price action says? lets find out in picture below. in the above picture we can