ad11patankar

IT Pick !

Long
ad11patankar Updated   
NSE:TATAELXSI   TATA ELXSI
Pure Technical play.
Rest elaborated on charts .
Comment:
5% up !
Who's in!?
Comment:
Massive gap down opening could not trigger the stop loss.
Strong closing above Breakout levels.
Dip is buying opportunity.
Do not fear the temporary weakness.
Comment:
Tomorrow once again we might see sharp up move towards target 1
Comment:
Day is here, IT started moving.
Comment:
Acting as planned.
Hold with Trailing stop loss
Comment:
I'm not comfortable holding trade anymore -
1 . Price just broke down trend line on closing basis
2 . Previous Resistance is showing it's strength and keeping the price on lower levels
3 . Today we received nice 17Rs Dividend

As of now stock is not showing big weakness but stock is just not poised to move up sharply.
Take position only after closing above 950-955 levels.
Comment:
Supply Zone now acting as a Support zone.
IT index moved up< hoping to see sharp move in lagged stock like this soon
Comment:
Watch closely now. We might move towards target 2 very sharply
Comment:
trail stop loss now to 945-950 on closing basis
Comment:
All targets Hit .
IF someone want's then one can trail and go ahead for further upmove.
Right now I'm closing the trade,too many trades to update on.
Trade closed: target reached
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