TATAELXSI LONGTATAELXSI seems to be move up after retracement and LONG can be seen with very small risk with great RR
TATAELXSI trade ideas
BTST : TATA ELXSI
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..
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Tata Elxsi: a probable long tradeTata Elxsi #tataelxsi the first 2 times scrip broke 0.382 #fibonacci level and tested the trend line, a good RR was seen.
Hoping for a repeat on the third instance.
SL~ 7870
Targets in orange
#nifty #swingtrade #investing #stockmarketindia
P.S.~ Safe entry above 8830
Testing Phase of the Support ChannelTata 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.
short term traders focus : TATAELXSINSE:TATAELXSI
let see the price action = ascending channel pattern formed correct time to entry ( when to entry ? let wait and see how the price is reacting in the level any bull candle in the line , we can take as a conformation, and entry
fundamental also good..
value entry
fix your stop loss as per your R:R
tell your opinion in comment..
TATA ELXSI - Swing tradeTATA ELXSI - Swing trade
Reversing from important levels with good volumes
Long at 8970
SL 8650 DCB
TGT 9680/9980
TATAELXI to take long entryLong TataElxi above 8800 with SL 8350 for the target price of Rs 9500-10000. Very good stock. This can be kept for the long term too. Good Risk to Reward ratio. All important levels have been marked on the charts. This is for your educational purpose only.
Buy opportunity on Green candle on the trend line would beBuy opportunity on Green candle on the trend line for tata elxsi.
Near support line .
Support line is historical
So huge chances of bouce back.
...........
Moving in range. Direction uncertain.Has to break out of the range of 8620-9115 to take further direction.
2 strong support in the Tata Elxi wait till trendline touch the line.
red is very strong support on yearly, monthly and daily chart
follow the trendlinemajor support 8000 according to trendline
may bounce back from this levels
one can accumulate it for long term in dips
100 ema -8500
200 ema -7500
Analysing long-term trends with Log charts1) What's the Log chart?
Before I define a Log chart, consider the chart you use daily: 'The Linear Chart.'
- Most platforms use a linear chart by default. This is most likely why you were unaware of log charts.
2) So, what exactly does a Linear chart mean?
Look at the chart below - The y-axis is divided into 200 equal points ranging from 0 to 3000.
- As a result, any linear chart's y-axis would always be equally separated by 'N' points.
And this is where the issue arises...
3) But I don't see any issue.
Allow me to explain...
- Could you look at this #PIDILITIND chart and tell me the price when it was listed in 1999? No!
- In this chart, can you draw a proper trendline? No!
The reason is because of the price congestion from 2007 to 14...
4) 4 Is there anything else?
- When there is a significant price change in an instrument, it is difficult to analyse it on a linear chart.
- Take a look at this #BTCUSD example. What happened in 2021 (as shown in the red box)?
All of this is due to the equally spaced Y-axis!
5) Now, let's talk about, 'The Log Chart.'
The LOG option is located at the bottom right of your chart. Alternatively, right-click on the Y axis and choose Logarithmic.
You can also convert it to a log chart by pressing the Option + L keys on your keyboard.
Do you notice a difference in the same #PIDILITIND chart? (Reason in the chart)
There you have it!
- A clear price trend is visible. Trends can be identified since listing.
6) When should you use a log/linear scale?
- As you can see, the log/linear scale makes no difference in short-term charts. - If you only trade intraday or in the short term, you can continue to use linear charts.
However, if the price of a cryptocurrency fluctuates dramatically, use log...
If you are a swing/long term trader, you should ALWAYS use a log chart.
- You can properly analyse charts.
- Draw precise trendlines
- Recognize primary trendline and channel reversals
Short-term charts should work well with log!
#Tataelxsi cash : Looks good above 9155.10#Tataexlsi cash -Positional call
01.09.2022
Looks good above 9155.10
and dips 9050
Stoploss 8800
Target 9800-10000/12000/15000
Cmp 9020.30
#Tataelxsi cash : Looks good resistance 9445-9450/9525#Tataelxsi cash
28.Aug 2022
Looks good resistance 9445-9450/9525
Cmp 9349
TATAELXI testing the trendline (LONG)TATAELXSI is testing the trendline in DAY TIME FRAME....we can go LONG.. keep stoploss at ₹6410 and target is upto u (my suggestion is keep atleast 1:1)..
Tataelxsi is looking BullishTataelxsi has given the breakout of a Triangle, follow chart for more details like SL and Target.
TataElxsiTataElxsi 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
Tata elxi fib level targets for swing trade (learning purpose)Tata elxi fib level targets for swing trade, let the hourly candle closes above the entry point to have a successful trade
TATAEXSI SWING OPPORTUNITY IN AUG 22TATAELXSI SWING TRADE
Its a best buy trade
Buy at 8200
Stoploss 8020
target- 8800
TATAELXSINSE: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
TATA ELXSI Entry: CMP(8400)
TGT: 9400
SL:8050
RR: 1/2.8
Tata elxsi looking good .
May give decent returns .
Go for long.
#swing_trade.
