Tata Communications Gains 6.69%: Key Technical Shifts and Market Moves This Week

9 February 2026: Positive Start Amid Broad Market Gains

Tata Communications began the week on a positive note, closing at Rs.1,573.30, up 1.41% from the previous Friday’s close of Rs.1,551.45. This outpaced the Sensex’s 1.04% gain to 37,113.23, signalling early buying interest. The volume of 3,07,405 shares indicated healthy participation, setting the tone for the week ahead.

10 February 2026: Intraday Surge Propels Stock to New Highs

The stock witnessed its most significant move on 10 February, surging 6.49% to close at Rs.1,675.35. Intraday, it touched a high of Rs.1,652.45, marking a 5.39% increase from the prior close. This rally was notably stronger than the Sensex’s modest 0.25% rise to 37,207.34, underscoring Tata Communications’ relative strength within the telecom sector.

The sharp price appreciation was supported by strong buying interest despite a low volume of 14,266 shares, suggesting selective accumulation. Technical indicators on this day showed the stock trading above its 5-day and 20-day moving averages, signalling a short-term bullish trend. However, it remained below longer-term averages, indicating that the rally was still in its early stages.

MarketsMOJO’s analysis highlighted this day as a key momentum shift, with the stock moving from a sideways trend to a mildly bullish stance. The MACD and RSI indicators presented mixed signals, but the weekly RSI was bullish, suggesting growing relative strength. The stock’s Mojo Score remained at 65.0, categorised as a Hold, reflecting cautious optimism.

11 February 2026: Continued Uptrend with Moderate Gains

The positive momentum extended into 11 February, with the stock closing at Rs.1,699.00, up 1.41% on the day. This gain outpaced the Sensex’s 0.13% increase to 37,256.72. The volume remained modest at 13,541 shares, indicating steady but cautious buying interest.

Technical momentum remained mildly bullish, supported by the stock’s position above short-term moving averages. However, the MACD on weekly charts remained bearish, reflecting medium-term pressure. The RSI’s bullish weekly signal suggested that the stock was gaining relative strength despite the mixed momentum indicators.

12 February 2026: Marginal Gains Amid Market Weakness

On 12 February, Tata Communications posted a marginal gain of 0.14%, closing at Rs.1,701.45. This was in contrast to the Sensex’s 0.56% decline to 37,049.40, highlighting the stock’s resilience amid broader market weakness. The volume dropped to 6,726 shares, reflecting reduced trading activity.

Volatility indicators such as Bollinger Bands showed mild bearishness, indicating a contraction in price swings. The stock’s technical profile suggested consolidation, with no decisive breakout or breakdown. On-balance volume indicators showed no clear trend, underscoring the cautious trading environment.

13 February 2026: Profit Booking Triggers Pullback

The week concluded with a 2.72% decline to Rs.1,655.20 on 13 February, as profit booking emerged amid a broader market sell-off. The Sensex fell 1.40% to 36,532.48, indicating a risk-off sentiment. Volume increased to 17,941 shares, suggesting active selling pressure.

This pullback trimmed some of the week’s gains but did not negate the overall positive trend established earlier. The stock remained well above its opening price for the week, maintaining a 6.69% weekly gain. The decline aligned with mixed technical signals, including bearish MACD and neutral monthly RSI, signalling the need for caution in the near term.

Daily Price Comparison: Tata Communications vs Sensex

Key Takeaways

Positive Signals: Tata Communications demonstrated strong relative strength this week, outperforming the Sensex by over 7 percentage points. The stock’s intraday surge on 10 February marked a clear momentum shift, supported by bullish short-term moving averages and a positive weekly RSI. The stock’s ability to hold gains despite market volatility highlights underlying demand.

Cautionary Notes: Mixed technical indicators such as bearish MACD on weekly and monthly charts, neutral volume trends, and mild bearishness in volatility measures suggest the rally may face resistance. The profit booking on 13 February underscores the potential for short-term pullbacks. The Mojo Score of 65.0 and Hold rating reflect a cautious stance amid these mixed signals.

Market Context: The broader market showed signs of weakness late in the week, with the Sensex declining 0.54%. Tata Communications’ outperformance amid this environment is notable but requires monitoring for confirmation of sustained momentum.

Conclusion

Tata Communications Ltd’s 6.69% weekly gain reflects a significant short-term rebound driven by strong intraday buying and a shift towards mild bullish technical momentum. While the stock outperformed the Sensex considerably, mixed indicator signals and recent profit booking advise prudence. The stock remains in a transitional phase, balancing potential upside against medium-term technical caution. Investors should continue to monitor volume trends and momentum indicators closely to gauge the sustainability of this rally in the coming weeks.

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