Buy Tata Communications; the stock still remains in an uptrend: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com shares his views about Tata Communications.

ET Now: What is the call on Tata Communications?

Mitesh Thacker: Buy on Tata Communications which has done very well in the last few days of market carnage. In fact it has given a breakout on the weekly charts, it has managed to get past the 200-day average. It has gone up by about 8% to 10% in the last few days. This one still remains in an uptrend. So this one can be bought with a stop at 205, price targets of 223 to begin with.