TATAELXSI trade ideas
Buy Tata ElxsiLooks like Tata Elxsi making an Inverted Head And Shoulders Pattern on hourly chart. Looking for strong reversal after close above 64o-45 levels.
Long Tata Elxsi around 545-555 levels for long termMulti year support lies at 545-555 levels. Start adding stocks around this levels in your portfolio.
#TATAELXSI CASH : GOOD IF HOLDS 622-624 LEVELS#TATAELXSI CASH
19 AUG 2019
IF ABLE TO HOLD 622-624 LEVELS
THEN WILL GO 638-640/648-650
CMP 629.40
PRICE is in PRESSUREPrice is in huge pressure. If it goes below 602 we have a very weak support at 594 but if goes below 594 we can see declining phase continuation. It might take time and can trade between 639-602 for some time. However breakout needs huge buyers and break down is around the corner.
Tata ElxsiTrend will become bullish if it gives upside break out and sustains 640 - 650 level. As of now price is moving within range.
TATAELXSI: Swing LowTATAELXSI: Swing low
Seems it has formed bottom. Nice swing is seen on daily chart. Today's candle has engulfed yesterday red candle (day closing to be seen for confirmation), With this view it is in process of formation of DZ (Observe the box marked) with price just leaving, it has 2 candle in base so strength is moderate. Target SZ also marked with good strength. Price actions are not Explosive, so momentum can be slow.
Tata elxsi !! Guys do like comment and follow Guys do like comment and follow for more number of calls
LONG TATA ELAXI FROM THE CURRENT LEVELS FOR A DECENT UPTRENDLONG TATA ELAXI, AS THE STOCK IS MAKING A PERFECT PARABOLIC PATTERN ON DAILY CHARTS.
SHORT-TERM TATAELXSI LOOKS GOOD FOR UP SIDE....... SRT-TRM
TATAELXSI LOOKS GOOD FOR UP SIDE
RANGE 645 TO 630
SPT-600
UP SIDE-800+++
Tataelaxi breakoutTataelaxi was falling down from the last few weeks. Then gave a breakout and started consolidating. Now, it is making n triangular type pattern. Breakout to any upward or downward side give very good opportunity to either short or long for huge profit.
TATA ELXSI BROADENING FORMATIONA broadening formation of TATA ELXSI can be found since May 2015 with a flat bottom @ 518.6
Rest is for the traders and investors to predict.
Tata Elxsi16-07-2019
Broken long term trend line..
794 is the crucial level to watch, if it closes below (weekly) then might slip to 700 levels..
As off now I avoid buying at this level, Only buy can be initiated close above 860 levels
Long Set up This one is coming down from Quite a while ,
I am looking one of the possible reversal pattern here , I would wait until my pattern gets confirmed by reversing with the price band
with strong volume
Look for buying opportunity ,
this trade is positional and long way to move up
Bullish ABCD - TataElxsi - W Bullish ABCD - TataElxsi - W
PRZ: 719-736
SL: 710
TGT: 770, 800
18-07-2019
tataelxion 17th result is going to be announced
it will be interesting to see how stock will behave
all signal suggest a downfall
