TATA ELXSI TATAELXSI

PADMAJAMAHESH

Tata Elxsi Ltd, Trading at attractive place.......... below 200 DMA , Long run share..... nearly 40% down from all time high.........

shrek14

Looks like a trend reversal target ~~8344 Good fundamental good stock. This can be kept for the long term too. Good Risk to Reward ratio

sandy_swing

NSE:TATAELXSI One hour time frame TATAELXSI Just after good results showing some movement . Too much fluctuations don't go for intraday Short term in few days 4% - 5% Long term good one to hold

trendline19

#TataElxsi achieved an all time high price of 10760 in Aug 2022 and after that corrected to 5700 in Dec 2022. Almost 47% correction from the peak price. Technically the price has smartly reversed from the demand zone and today closed at 6655 almost 955 point up from the low. Very strong midcap IT company and perfect time to add to the portfolio with stooploss of...

amair020304

support level is breakdown means not enter in this wait for uptrend mark the level on chart now elxsi was in downtrend

amitcsf

> The stock has given a good bounce from its support. > Bullish engulfing Candle followed with Gap-up Opening that sustained. > Also seems to break the long trend line. Please keep on radar as IT sector are not performing good.

msadiqsalman Updated 

The stock has given a breakout from consolidation. Its expected to move much further upside. See chart for details.

Sanjib_Munubas

now NSE:TATAELXSI is a strong fundamental stock it is falling because the PE of the company has to come down as a technical analyst would like to enter tata elxsi if it stops at a certain support level and starts to consolidate and then give a breakout above the consolidation zone would like to put this stock under radar

gauravcs4u

NSE:TATAELXSI is a fundamentally good stock and has given tremendous returns in the last 2 years. The way it's been falling and no green candle in a streak of almost 20 days it can show 6k levels. From 6k levels it can show reversal because at this level it would be around 45% down from it's ATH.

Loganathan_Mani Pro Updated 

After a big bull run it's time to cool off for some time, this stock on the weekly time frame broken and closed below the important support. Thus further it can slide till the previous swing low i.e. 6480. If any one holds long can exit near the bounce range 7600 - 7750. Disclaimer : I am not SEBI registered, consult your FA before investing. Happy Trading!!

trading360degreeee

After breakdown of trendline it's continue falling down from 8200 level to 6430 level. Now trading at 6429 with immediate support of 6400 level. After breakdown of 6400 level it may fall upto 5900 level near the 500 moving average line. It may reversed from this moving average line & may face resistance at every higher level. After breakup of every higher level...

i20gowthamn

Possible Trend Reversal on Tata ELXSI chart. The stock is at a key long-term support level. With positive movement in terms of net profits and strong fundamentals the company looks set to rally on the bullish side over the next few weeks

jas18

TATAELXSI is still weak and is below WMA(100) on Weekly chart. It clearly shows that it is still weak for a bullish move. If you are looking to hold it for long term, then its best to wait for it to either make a bottom or to break the WMA(100) upwards.

amarbajaj13 Updated 

i am back with a great analysis on tata elxsi. tata elxsi bluechip stock looking good for long with very great rr 1:15 entry- 6845 stopped- 6800 target- 7550 lets see what going to happen

Manojmkm

TATAELXSI 20% MOVE possible as retracement towards up direction will start shown 90 day target can be considered

TraderRoopal

Bouncing from strong support zone marked by black parallel lines. Also fibbo's 32.8% support zone & today's candle looking quite bulish.

sthenu

Tata Elxsi - Elliot Wave Theory based long term trend analysis. Buy between 6450 and 6750 Target: 9000+ Holding period 1 Year.

pushpan1988k

Tata Elxsi formed Morning star candlestick pattern at its support. Good to buy above 6811 for the target of 7004. SL below 6619. Gain 193 point.