mano6179

Tata Elexsi Long

Long
mano6179 Updated   
NSE:TATAELXSI   TATA ELXSI
The scrip rallied for a long time and corrected when infy fell(collateral fall). Now seeing strength from 61.8% levels of Fibonacci retracement. If this is true, there's a good 13% positivity in very short term.
Comment:
The move from the Fibonacci support looks weak and the scrip is now back at the support level. The next support could be the bottom of the channel or the 100-day moving average.

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