TATA ELXSI NSE:​TATAELXSI

Short term up move up to 1538 can be seen. The medium term also looks good and the target is 1760. Stop loss 1130.

made a swing low on daily chart . stock is in uptrend in long term so , so confirmation of uptrend is strong . buy with the confirmation of breach of ORB on Upside with a stop loss at 1381 with target of 1433 after reaching target trail your stop loss to cost . if daily candle closes above the close of last day then go positional

trade is active at 1410

Buy as its in the uptrend.

Above trendline with support of trendline

Mild bearish Divergence . will pullback to 200MA.

sl 1407 target entry plus two percentage

Levels given in chart

Short Below 1405 Target 1395 & 1386 Sl 1408

Mentioned on chart. Excepting TATAELXSI to touch new high

As we see on technical basis, tata elxsi made flag pattern on weekly chart we can set next target some where near to 1410

TATA ELXSI has been making new highs every now and then. Restesting a new high made a few days ago in an head n shoudler pattern. Awaiting a breakout or a reversal.

Everything explained on the chart..

They are Making an Elevated pattern , which it self will not sustain , and it will likely drop heavy form the 1339 Near , Look for 1 Hour reversal and take a short selling trade in Futures and stay with it , it will make minimum 100 Points +

As IT Index losing steam, this can be perfect candidate for shorting at top. Entry can be taken around 1321-31 with SL above 1345 and Targets can be 1200-1250 for short term positional traders.

After being locked in a range of 1140-1260 for more than a month, Tata Elxsi NSE:TATAELXSI has finally broken on the upside yesterday. I can see that it formed a large bullish candle with good volume yesterday. Good opportunity to buy here with stop loss a few points below 1260 for another cycle of upmove. Disclaimer: Views expressed here are my own, and should ...

tataelxsi cmp 1161. Bounced from the green support line, should move upto the red resistance line sl 1132 tgt 1216. Lets see if it goes up now. Disclaimer: These views are not a trading recommendation. Only for educational purpose. Views and opinions are welcome

Tataelxsi need to stay abv 1100-1090! If breaks below than we have confirmed double top formation! Volumes indicates low buying interest on the second top signifying the end of rally. On positive note the stock has still not breached it support and below it dynamic support of 50 DEMA