Tata Communications - 16th Oct

Today's Opening - 474

Today's High - 483.5

Today's Low - 471

Today's Closing - 479

Previous Day's Opening - 480

Previous Day's High - 480

Previous Day's Low - 469

Previous Day's Closing - 472

Positive closing, with volumes lower than the previous day.

The 20-day Commodity Channel Index has been negative for the past two days.

The closing has been marginally above the 5-day Exponential Moving Average. The closing has just about managed to coincide with the 5-day Moving Average, however, the 20-day Moving Average is quite above the closing.

The 2-day Relative Strength Index is at 72%.

The 3, 10-day Moving Average Convergence Divergence has been negative for the past two days.

For the past four days, the 14-day Positive Directional Index has been stronger than the Negative one.

The closing candle has been below the 13-day, 16-day Ichimoku Kinko Hyo cloud since 8th Sep.

Having broken the support of 470 I'd mentioned in my previous post, the stock has bounced back to 479 now. 498 is a major resistance for the stock now.

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