What i Found very Interesting in this chart is , Whenever the Stock goes down to 1050-1025 levels immediately buying comes , so its a strong demand zone !!!
TATA BRAND company so no issues with fundamentals.. I find this stock best BET to play communication sector theme !! BUY AT CMP and Add above 1142 !!
I think once it croses and closes above 1142-1150.. very fast movement can come in this stock..
Stop Loss also can be kept at 1025-1050 on closing basis only.. Only a closing below that level will be bad for the stock