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The stock gave a good reversal today and looks good above the resistance of 2758.5 level
We should be looking for reversal signals around 17/03/2010 at 2448 levels. Lets see .We are already in the price territory of previous wave 4 of one lesser degree.
Tata Elxsi : Descending Triangle Breakdown possibility Short below 2793 with a SL 2810
HI, Tata Elxsi is going for a channel breakout above 2900/- Can be purchased for a Target of Rs 3000, 3050, 3100 with SL 2800. Regards
The stock looks good above 2881 level
tata elxsi has broken upside from bearish channel and looking for strong upside . short term target could be 2800.
After the Markup on 01 Feb 2021 Stock is in consolidation Mode Broke down from the Stage BZ structure Markup on 01 Feb was not backed by the VOL EXP. Currently trading below the 21D EMA
Recap from Last Idea- Bottoms picked in 2400-2425 (Support Zone) suggested @ 09:46 Hrs / 25th Jan2021- continue... Structure unfolding as expanding structure with key level- 2530 (suggested in last idea) & critical level-2408 ----------------------------- Trading Strategy ----------------------------- Plan A - Buy Above 2735 for 2850 & strictly...
The stock has been in an uptrend and is making a rounding bottom. Looks good above 2693 level
Only for Educational Purposes! Trade based on your money management. Any Queries comment below
Plan A - Buy Only Above 2530 for 2665 / 2850 / 3025-3050 Plan B- Resistance in 3000 - 3100 Zone - If stock moves up & halts close to or in the zone 3000-3100- Traders have to be careful as correction could be expected later for 2530 / 2280 & lower targets Plan C- Sell only below 2530 for 2280 & lower targets Thanks & Have An Exciting Week Ahead
While short term support is at 2500 which may hold, could be a point of entry. The intermediate term target will be 2775. It will break out once it closes above 3135.
TATA ELXSI it's a multibagger one posted @ 1550 levels it made a high of 2800 near to multibagger u can check below I am providing the link also for the confirmation just visit related ideas session okay thanku like and support guys
This is by far the best and the biggest movement I have traded in a short span of time given the movement! The other best was 44% in Tata Metaliks that I gave.
Short Term Players can book profit 2175 possible from here..