TATAELXSI LOOKS ATTRACTIVE AT CURRENT LEVEL.TATAELXSI FACING RESISTANCE ON DOWNWARD SLOPING TRENDLINE WAITING FOR THE BREAKOUT KEEP EYE ON IT FOR SHORT TERM.
( CONSOLIDATE NEAR RESISTANCE AREA)
(FUNDAMENTAL IN LINE)
TATAELXSI trade ideas
After consolidation breakoutBreakout after consolidation buy above 1003 for a Target of 1100+ within 3-4 session
TATA ELEXI GOOD STOCK TO ADD IN PORTFOLIO WHEN CROSS KEY LEVEL
Add this stock to your portfolio when comes below the key level mentioned on the chart.
Even though the volume is giving sign of short end but key break on daily chart of major trend gives an indication and opportunity to add
TATA ELXSI is in a very perfect upward triangle (Monday)One can enter the trade once you see a very big bullish candle on 15 mins else wait for a retest if it is a quick momentum. Please avoid trading in the first 15 mins as it is highly volatile !
TATAELXSI weak below trend-lineEnter only if it crosses the trendline, if broken can see 870 levels.
not looking bad for 1069! keep on radar. SL:890 on closing.Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
TATAELXSI TATAELXSI
BULLISH VIEW
if breaks 900 than only we need to trade otherwise looking weak on the cards
T1 - 915
T2 0 930
BEARISH VIEW
if breaks 866
than
T1 - 855
T2 - 843
T3 - 830
These are my personal views on as per the price action,these views are only for Educational purpose
Note :- Please do not take the trade as per these views, kindly consulate your fiancial advisor for the same
If you like my charts, please do share and like it i shall be keeping doing this for you to learn
Thanks and regards
Pradeep Sheoran
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.
Please do like and support. Your comments and messages encourage me to work more and share you my ideas.
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)
