NSE:TATAELXSI is a fundamentally good stock and has given tremendous returns in the last 2 years. The way it's been falling and no green candle in a streak of almost 20 days it can show 6k levels. From 6k levels it can show reversal because at this level it would be around 45% down from it's ATH.
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 is still weak and is below WMA(100) on Weekly chart. It clearly shows that it is still weak for a bullish move. If you are looking to hold it for long term, then its best to wait for it to either make a bottom or to break the WMA(100) upwards.
Tata Elxsi formed Morning star candlestick pattern at its support. Good to buy above 6811 for the target of 7004. SL below 6619. Gain 193 point.
NSE:TATAELXSI is looking weak. It has re-traced 36% from it's all time high.
Tata Elxi on daily timeframe taking support on strong trendline if it respects trendline targets will be 8600 and 9000 If trendline breaks we can see targets upto 8000 and 7600
buy @ 8700 tgt-9000\10000\11000 strong potential is cross level than buy
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.. If you really like the analysis , please do comments, LIKE and Follow me.
Tata 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 - Swing trade Reversing from important levels with good volumes Long at 8970 SL 8650 DCB TGT 9680/9980
Tataelxsi has given the breakout of a Triangle, follow chart for more details like SL and Target.
TataElxsi is in parallel channel since Sept 2021 Since it has broken All time high now it may try to touch upper end of the channel
TATAELXSI SWING TRADE Its a best buy trade Buy at 8200 Stoploss 8020 target- 8800
NSE:TATAELXSI One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. Close should be good, and Clean. R:R ratio should be 1 :2 . Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Chart -> 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 is in a beautiful triangle formation. Trade it the side it gives a breakout as triangles are essentially neutral pattern. However, looking at the chart structure, I have a positive bias in Tata Elxsi. Hence, the chart is labelled as long.
NSE: TATAELXSI If Breaks Then The Targets could be Taken at 7763 Time Frame :- 1 Hour Patterns Name :- Descending Triangle We are not responsible for any profit or loss Based on Your Own Risk this is only to Show you the Current Pattern Comment Below If You want to ask me questions on this on any other idea BTW Like and Follow if you like this awesome...
If 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 . We are not responsible for any profit or loss . BTW Like and Follow if you like this awesome content