skbharathi

TATA-Elxsi-rising above falling TL

Long
skbharathi Updated   
NSE:TATAELXSI   TATA ELXSI
Tata Elxsi-hourly chart indicates that price is trying to move above the falling Trendline
Also RSI doesnt show any weakness
can it reach the levels of 1406 with stops @1353
Trade closed: target reached:
The stock moved upto 1420 and closed at 1400.

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