TATA ELXSI Trendline Trading Stragy
Updated
Tata Elxsi in down trend seeing a bounce from the weekly trendline support with a Morning star pattern reversal.
Should try to test the monthly trendline and if broken can test the weekly trendline too.
Entry 1305
SL 1222
Target 1 1441
Target 2 1490
Reward 1 136
Reward 2 185
Risk 83
ROR min 1.6
ROR Max 2.2
Should try to test the monthly trendline and if broken can test the weekly trendline too.
Entry 1305
SL 1222
Target 1 1441
Target 2 1490
Reward 1 136
Reward 2 185
Risk 83
ROR min 1.6
ROR Max 2.2
Note
tata elxsi made 1354
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