Tata Elxsi

Tata Elxsi
- Pennant pattern formation with 30 DEMA support.
- Volume and Price contracting within the pennant triangle.
- On the verge of breakout, prefer with good volumes.
- Can go long on breakout of pennant triangle.
- On weekly chart, stock in Stage 2 uptrend, this pullback may be an entry opportunity in uptrend for traders.
Only for educational purposes. Not a recommendation.
Chart PatternsTechnical IndicatorspennantpatterntataTATAELXSITrend Analysis

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