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TATAELXSI

TATAELXSI | Investment Pick📊 Details Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services from research and strategy, to electronics and mechanical design, software development, validation and deployment, and is supported by a network of design studios, global development centers and offices worldwide. Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:TATAELXSILong
by Munish_Jain
6
TATAELXSI - Long Setup, Move is ON..NSE:TATAELXSI ✅ #TATAELXSI trading above Resistance of 8700 ✅ Next Resistance is at 9422 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:TATAELXSILong
by Sandeep_Aggarwal
2
TATAELXSI Stock Analysis - Flag and Pole FormationTATA Elxsi forms the flag and pole pattern, the market is at a crossroads, presenting traders and investors with both opportunities and risks. A careful analysis of the breakout or breakdown, along with volume confirmation, will be crucial in making informed decisions. Remember, while technical patterns provide valuable insights, it's essential to consider other factors such as fundamental analysis and market conditions. Stay vigilant, and let the market unveil its next move.
NSE:TATAELXSI
by Akshayhanda
Tata Elxsi Well Tested Inverted H&S A breakout of an inverted Head and Shoulder pattern on the weekly chart of NSE:TATAELXSI has been retested. One can look the charts and take the tradi as per their risk apetite. Exit the position if the stop loss is triggered on WCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME and hit the small plane icon. I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY... Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:TATAELXSILong
by raigvivek
2
Technical Analysis: Tata Elxsi Breakout📈 INTRODUCTION 🚀 In this technical analysis, we'll explore the breakout in Tata Elxsi's price. Please note that this analysis is for educational purposes only, and I am not a SEBI registered analyst. Let's dive into the details! 📊 KEY DETAILS 🚀 🔹 Tata Elxsi's price has been facing resistance since October 2022. 🔹 The resistance supply zone was around 7445 to 7157. 🔹 On the other hand, the price found support at the monthly demand zone. 🔹 The breakout occurred with good volume, indicating strong momentum. 🔹 Before the breakout, the price halted near the resistance, which is a positive sign. 📈 TRADE SETUP 🚀 Based on the analysis, here's a potential trade setup: 🔹 Entry: Current Market Price (CMP) of 7508 🔹 Stop Loss: Below Friday's low, around 7198 with buffer 🔹 Target: Around 8307, just below the daily and weekly supply zone 🔹 Risk-to-Reward: 1:2.5, which is a favourable ratio 📚 EDUCATIONAL INSIGHTS 🚀 Before we conclude, let's define some technical terms for new traders: 🔹 Resistance : A price level where selling pressure exceeds buying pressure, causing the price to pause or reverse. 🔹 Support : A price level where buying pressure exceeds selling pressure, causing the price to pause or reverse. 🔹 Breakout : When the price moves above a significant resistance level or below a significant support level, often accompanied by increased volume. 🔹 Supply Zone : An area where sellers are likely to be present in large numbers, causing the price to struggle to rise further. 🔹 Demand Zone : An area where buyers are likely to be present in large numbers, causing the price to find support and potentially reverse. Remember, it's essential to continue learning and understanding these concepts to become a skilled trader. 🙌 CONCLUSION 🚀 In conclusion, Tata Elxsi has experienced a breakout from its long-standing resistance. Based on the analysis, a potential trade setup has been identified. As always, do your own research and exercise caution while trading. If you found this analysis helpful, please like and follow me on TradingView for more articles and trade setups. Your support, likes, follows, and comments keep me motivated to write consistently. Thank you!
NSE:TATAELXSILong
by AfnanTAjuddin