Tata Elxsi broken important support After a big bull run it's time to cool off for some time, this stock on the weekly time frame broken and closed below the important support. Thus further it can slide till the previous swing low i.e. 6480. If any one holds long can exit near the bounce range 7600 - 7750.
Disclaimer : I am not SEBI registered, consult your FA before investing. Happy Trading!!
TATAELXSI
BTST : TATA ELXSI
Good Day ,
Hello Traders,
BUY TATAELXSI
CMP 8576
SL 8456
TGT 8816
Estimated Profit 2.8%
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
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Testing Phase of the Support ChannelTata Elxsi Chart Analysis:
Times are different this time. It would be interesting to see if its trend of the taking support to bounce and make a new high - continue to deliver the same or will it tank for a healthy correction in this move.
Discalimer: View for Educational purpose only, not any trade or investment recommendation.
Tata Elxsi LongChart -> Tata Elxsi Daily
Symmetrical triangle breakout in Tata Elxsi can lead it to the next levels.
CMP: 8386
Good to buy around: 8330
Targets: 8745, 9410
SL: 8072
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Tata Elxsi shoud you trade or notNSE: TATAELXSI
If Breaks Then The Targets could be Taken at 7763
Time Frame :- 1 Hour
Patterns Name :- Descending Triangle
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Based on Your Own Risk this is only to Show you the Current Pattern
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Made By MAYANKTECHRESEARCHING
Date of Publication 4 may 2022
Tata Elxsi to the NecklineIf Breaks Then The Targets could be Taken at 4499 .
Time Frame :- 1 Day
Symbol Name :- Tata Elxsi
Comment Below If You want to ask me questions on this on any other idea .
Based on Your Own Risk this is only to Show you the Current Pattern .
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Tata Elxsi a Double Top If Breaks Then The Targets could be Taken at 7260 .
Time Frame :- 1 Day
Symbol Name :- Tata Elxsi
Comment Below If You want to ask me questions on this on any other idea .
Based on Your Own Risk this is only to Show you the Current Pattern .
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Tata Elxsi: Positive price action and Darvas box formationAt the current level I see a tight price action range.
Watch out when the price makes a significant move above 7800 (R1) and 7962 (R2), supported by volume action.
Price trading above 21, 50 and 100 EMA.
6754 and 5700 acts as strong support zone.
And always keep a stop loss of 5-8% if the trade goes wrong.
Note: Not a recommendation, but a personal analysis.
Tata Elxsi is this a sell opportunity If Breaks Then The Targets can be Taken at 7497.
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Symbol Name :- Tata Elxsi
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Tata Elxsi This is the BeginningIf Breaks Then The Targets could be Taken at 7525 and 7132 .
Time Frame :- 1 Hour
Patterns Name :- Head and Shoulders
Symbol Name :- Tata Elxsi
Based on Your Own Risk this is only to Show you the Current Pattern .
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tataelsxi bullish after healthy correctionbullish harmonic pattern was completed at point d and it fell off this level and good point will be 50% retracement of this point d for fresh long as shown with arrows, then, bullish ab=cd will be active . long at 6636 approx for target of 8975.
good luck
trade at your own risk