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Consolidation: TATA ELXSI

Long
NSE:TATAELXSI   TATA ELXSI
Observe the chart to understand how the the stock price is moving within a channel.
Look for opportunities to buy when it takes support at the lower trend line and sell when it faces resistance at higher trendline.
If any recognizable and valid candlestick patterns are formed at the levels supported by volume, increase your bet size maintaining stop loss as per your risk appetite.

#TradeTheTrend#SmallcapPick#PortfolioPick
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