NSE:TATAELXSI chart breakout on 30th June. Go for a long position with the stop loss of 4090. You might see a very big uptrend in the next coming month.
Keep watching Tata Elxsi. It might change your life.
TATA ELXSI Symmetrical Triangle Breakout
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
Tataelxsi weekly bullish flag formation for investors
Strong fundamentals for positional long term with tp of 3366-3699-4064
can average on correction for long term
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Disclaimer: Only for educational and learning purposes.
Note: This is for educational purpose only.
As per the price action, there seems to be a dynamic support at 21 EMA. Post pullback, there seems to be a bullish hammer formation at 21 EMA.
Expecting price to bounce back.
NSE:TATAELXSI Possible reversal buy opportunity based on 15M demand zone at 634.20 with SL at 631.5 and three potential targets are mentioned on the chart.
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
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