Tata Communications (1D)

The stock charts a ‘inverse head and shoulders’ pattern, confirmed by a sharp breakout above neckline resistance on significant volume.​ All short-term EMAs have converged above the 200 EMA, supporting the bullish reversal setup.​ DMI indicator shows a strong ADX (47) with +DI well above –DI, confirming a robust uptrend post-breakout.​ Such breakouts from long accumulation ranges attract momentum traders; watch for sustained closing above the neckline and retests as buying zones