TATAELXSI
MASSIVE BREAKOUT on TATA ELXITata Elxi has posted superb numbers.
Trading at a 52 week high.
Look at that weekly chart.
It's going to be in an open movement upwards. Brilliant setup. Buy at current levels with at least an upside of 5-6 %.
Tata Elxsi : Swing TradeGood bullish pattern
Taking support around EMA 20 & 50
1392 would be the SL.
Reward with 1:1 , 1:2 , 1:3 ratios plotted on the chart.
MINDTREE GAVE EASY 25 POINTS AFTER SL HITSL HIT BASED ON A MISTAKE BUT HAPPY ANALYSES WERE RIGHT
TRADE BASED ON
1. FIBO LEVEL
2. TREND LINE
3. MOVING AVERAGE
4. PRICE ACTION
LALPATH LAB ANALYSES WHICH GAVE US 26 POINTS RED POINTS ARE ENTRY AND EXIT
.
TRADE BASED ON
1 PRICE ACTION
2 BREAK OUT STRARTEGY
3 FIBO LEVEL
4. SUPPORT AND RESISTANCE
TATA ELXIS GAVE EASY 28 POINTS TO BOOK , RED POINTS ARE ENTRY ANTRADE BASED ON
PRICE ACTION
TREND ANALYSES
FIBO LEVELS
RSI MOMENTYM
TATAELXSI (Breakout) Continuously Consolidating in a RangeTata Elxsi ( NSE:TATAELXSI ) is continuously Consolidating in Range Zone (Trandline Zone). This can become a very good trade for intraday traders.
Chart Published By Ravinder Sharma
TATAELXSI stcok on bullish mode.TATAELXSI stock is on bullish mode & making higher highs and in uptrend. stock is also taking the minor pull backs & trading above the 20 EMA levels . Long entry can be taken above the level of 1075. conservative traders can take entry after the BO level of 1085 for the next level above the 1100 with the SL of 1058. In this uptrend please trail the SL of 1055. so you can maximum gain the uptrend moment as stock will going to form the another life time high.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Tata Elxsi - moving in the channel, time to ride the moving busAnalysis:
Major support at 840 to 860 zone.
Price moving in a channel.
Price making higher high, higher low.
Movement is clear in the chart.
Setup:LONG
Entry around 850. Target 905, 947, 977.
Sl - 840.
Trade will be active and valid only if moves as per forecast.
Entry might be on tuesday.
Live update will be given on my TG channel, Ping me on TV for the link.
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Thanking you,
Kalpana Burman
Disclaimer:
The data and information provided in this published idea is not an advice and should not be relied upon as such. Neither the information, nor my opinion contained in this idea constitute a solicitation or offer by me to buy or sell any securities, futures , options or other financial instruments.
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
TATA ELXSI Go long with the support of (845-855) for the targets of (942-950) / (1021-1037) / (1089-1110)
Tata motors 15min intraday analysis
Tata Motors Ltd Intraday chart formation
Current status - Waiting for the Breakout (Red Resistance)
Simple Analysis - Fibonacci Calculate + Wave analysis
15Min short term analysis
TATA ELXSI Trading SetupAll charts are purely for educational and information purpose only. Invest or Trade at your own risk.
TATA ELXSI - 1D - Channel Range TATA ELXSI is Trading in Channel , expecting to breakdown the channel.
Also Forming Reverse Flag pattern , expect good moment either side after breakout/down.
Tata Elxsi ShortScript: Tata Elxsi
Chart Pattern: Bearish Engulf
RSI : Below 70
Both above are on daily basis.
CMP: 1035
Target 1: 985
Target 2: 935
