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TATA ELXSI'S BEST BUYING ZONE. BULLISH SHARK PATTERN
TATA ELXSI LTD
Long
TATA ELXSI'S BEST BUYING ZONE. BULLISH SHARK PATTERN
By Sanjan91
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Updated
Oct 22, 2021
2
Oct 21, 2021
Tata Elxsi has outperformed its peers over the year. Everyone's looking for the right entry to buy the stock.
Now's the chance to buy the stock if at all it reaches the PRZ/demand zone mentioned on the chart.
The stock may exhibit the XABCD bullish shark pattern, which is completed only if the price reaches the mentioned demand zone.
Buy in the demand zone and place stoploss below the demand zone on the price closing on daily timeframe.
The targets are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
Oct 22, 2021
Note
almost reached the zone, made a low at 5700, and reversed.
Oct 22, 2021
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hit target 1
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Support and Resistance
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