TATAELXSI trade ideas
STANDING ON CRUCIAL SUPPORTS!! TATA ELXSITata elxsi standing on crucial levels
Faster growing subjects or objects or stocks even decreasing as fast
Can take Support at Trend LineTata Elaxi can take support at the major trend line.
PS - Trade at your own risk.
Tata Elexsi LongThe scrip rallied for a long time and corrected when infy fell(collateral fall). Now seeing strength from 61.8% levels of Fibonacci retracement. If this is true, there's a good 13% positivity in very short term.
Highly Bullish for Mid termIt has made a Strong Break out with Volume from a Cup and Handle Pattern
It is also respecting the shown Trendline.
tataelsxi bullish after healthy correctionbullish harmonic pattern was completed at point d and it fell off this level and good point will be 50% retracement of this point d for fresh long as shown with arrows, then, bullish ab=cd will be active . long at 6636 approx for target of 8975.
good luck
trade at your own risk
TATAELXSI continues its journey towards skylineAll time high has been taken out with good volume. Trend may seems to continue after retracing near 7900.
TATAELXSI continues its journey towards sky. The stock has broken all time high significantly with good volume. This represents the buyers showing interest to take the price even more higher. If the price retraces then it is expected to take support near 7900 and resume its journey towards bull side. Hope my view may help you all.
Tata Elxsi Limited | Good for Long NSE:TATAELXSI
Cmp : 8438
Try on pullback near 8000 - 8050.
#Study, Learn & Earn.
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Tata Elx Strong BullishTata elx seems strong weekly closing in life time high indicates rally may continuer further
breakout traders, investors concentrate if price sustain above 8470 in daily
#TATA ELXSI Harmonic#TATA ELXSI ALL TIME HIGH
Fresh breakout with volume
New target -9175
SL-7538
CMP:8438.20 @27 March 2022
tata elxsinegative rsi divergence on weekly got sorted out with the fall in tata elxsi but divergence on daily still need to sort out...
can we see 5300 again for this to sort out??
tata elxsione of the best stock in technology, each time taking support at trend-line and perfectly bouncing from it.
perfect stock for SIP
Tata Elxsi Cmp 6561 dated 22-2-2022 SELLTata Elxsi Cmp 6561 dated 22-2-2022
1. Trendline breakdown @ 6625
Sell at cmp for a tgt of 6450-6280-6150 SL 6700
It is just a view, pls trade at your own risk.
Tata Elxsi - Short OpportunityShort Opportunity -
Tata Elxsi has formed Inverted Cup & Handle pattern, which indicates the bearish movement will come soon. The neckline of this pattern of Rs. 6550.40 is strong support for the previous days. The CPR is narrow and at the downside, which means a strong bearish movement is expected. The CCI is near the -100 level and MA is headed to the downside. So, we can go for short if this stock retests at the neckline.
Tata Elxsi - Short OpportunityShort Opportunity Expected -
Tata Elxsi is in a sideways zone. there was no such movement given in this stock on the previous trading day. But the narrow CPR is indicating the movement is expected in this stock. If the first candle closes below 6926.70 then there will be a bearish movement (high chances on bearish) as the VWAP has crossed the MA. But we have to wait till the CCI enters the -100 level.
TATA ELXI - LONGNo fancy chart pattern required .
Stock moving higher high .
Looks like will break all time high very soon.
SL to be below 6000 DCB
cup and handle pattern formationTATA Elixs
Cup and Handle Formation on DailyTime Frame.
Bullish Trend
CMP 7550
Target 8700 Long term
