Tata Communications underwent a recent consolidation phase within a narrow range, positioned just above its 200-day EMA. Last week, it successfully broke out of this range, accompanied by above-average trading volumes. Notably, the stock is exhibiting positive signals from technical indicators, maintaining a trading position above both the 20-day and 50-day SMA.
![](https://saukar.in/wp-content/uploads/2024/02/TATACOMM_2024-02-19_14-32-11.png)
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