TATACOMM Monthly Breakout Setup | Multi-Year Range ExpansionTata Communications LimitedNSE:TATACOMMTEDXTradesindiaTata Communications is approaching a crucial breakout zone on the monthly timeframe after spending nearly three years consolidating inside a broad trading range. The recent monthly candle has displayed exceptional strength, pushing price back into the upper end of the range while significantly improving long-term market structure. Key observations: ✅ Strong bullish monthly candle ✅ Demand zone successfully defended near ₹1,270 ✅ Price revisiting multi-year supply zone ✅ Long-term momentum turning positive ✅ Potential start of range expansion phase If buyers manage to absorb supply above ₹2,100–₹2,150, the stock could enter a fresh markup phase with significantly higher targets. Key Levels Current Price: ₹1,965 Supply Zone: ₹2,100 – ₹2,150 Breakout Confirmation: Monthly close above ₹2,150 Demand Zone: ₹1,270 Targets 🎯 Target 1: ₹2,283 (+16%) 🎯 Target 2: ₹2,454 (+25%) 🎯 Potential longer-term extension beyond ₹2,500 if momentum continues Technical Observations Multi-year accumulation visible Higher lows developing since 2023 Strong relative strength against broader markets Large bullish engulfing-type monthly candle Volume participation improving near resistance Classic Wyckoff-style accumulation characteristics Disclaimer: This analysis is for educational and informational purposes only and does not constitute investment advice. Trading and investing in securities involve market risk. Past performance does not guarantee future results. Always conduct your own research, follow proper risk management, and consult a qualified financial advisor before making investment decisions.