TATAELXSI trade ideas
Tata elexi going free fallTata elexi did break important trend support. Bear 🐻 started showing pact.
Tata Elexi Price Consolidation Tata elexi price moving in tight range.
Can give triangular pattern breakout
Market Cap
₹ 48,330 Cr.
Current Price
₹ 7,724
High / Low
₹ 9,200 / 6,407
Stock P/E
61.4
Book Value
₹ 402
Dividend Yield
0.91 %
ROCE
42.7 %
ROE
34.5 %
Face Value
₹ 10.0
TATA ELXSI Triangle BreakoutTata Elxsi has given a Triangle Breakout on 1D timeframe yesterday with a high volumes. It is apparently retesting its resistance.
It has also formed a Flag pattern on 1W timeframe and attempting to give a breakout on 1W chart.
Tata Tata Elxsi Bullish Pennant PatternThe stock is in consilidation phase since AUG 2022 and was forming a bullish pennant pattern on weekly chart pattern.
The stock has given breakout.
Target could be 11850.
Only for educational purpose.
TATAELXSI SWING TRADE Price Action Volume Breakout on weekly Chart Close at 7685
buy range 7450-7500 sl 7350 tg 8100,8400
Educational Ideas
To motivate us, Please like the idea If you agree with the analysis.
Tata elexi Trendlyne Breakout Tata Elxsi giving early signs of short term reversal from bottom formation,adding here on dips till 6970-6900 support zone. Risk reward favourable.
Keep an eye
Tata Elxsi - Bullish Stock at strong support area
Risk reward excellent
Expect 5 figures soon
Self explanatory chart
TATAELXSI, Technical OutlookAs the price is already in a downtrend, now we have a fresh breakdown.
A short trade of 5% to 6% can be planned here.
What are your views on this short setup and which level is best for technical stop loss ?
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
TATA ELXI - Eyeing for 50% upside1. As per the price formation expecting a W type formation.
2. Has the potential to reach to ATH from here.
3. RRR is favourable.
Trade Plan:
1. ENTRY = CMP
2. SL= 10%
3. TP = As marked in the chart.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
TATAELXSI BUY For Long TermInitiate a BUY position on TATAELXSI. We can see 10000 in the coming months. Hold for a long term.
This Idea is purely for training and educational purposes. We shall not be responsible for your profit or loss. Please confirm with your investment advisor.
Good Luck!
TATAELXSI - Weekly AnalysisIn the Weekly Chart of TATAELXSI ,
we can see that, after breakdown, it has created a Hammer candle on support trendline.
Enter on breaking its high with low as SL.
for 60% potential gainwithin 1 year I see this stock hitting 10k easily, this is good level to buy this stock for 60% potential gain in 11-12 month.
Bullish Cup & Handle BO in Tata ElexiA Weekly Bullish Cup & Handle pattern is visible on the charts of NSE:TATAELXSI
Cup & Handle pattern is a bullish pattern and it is visible on the charts after a meaningful consolidation in the weekly charts of NSE:TATAELXSI
MACD gave positive crossover on daily and weekly and monthly time frame it is on verge of giving breakout.
One can look to create a fresh position in the scrip near Rs. 8000-8050 levels with the stoploss of Rs. 7400.50 on weekly closing basis. The 1st target will be 8540 , 2nd target will be 9035.65, 3rd target will be 9515.35 and 4th target will be 1015.65
And finally this study is for educational purpose only.
Tata Elxsi Ltd. ( 20 % upside potential)
Sector: Software
HTF chart shows strong uptrend in this script.
on daily chart , we can see PA in HTF demand zone with bullish structure...
8515/8565 level may respect as a resistance so it took as a partial profit booking. Long term investors can accumulate for all time high target....
Tata elxsi-You shouldn't miss this breakout!Tata elxsi is one of stock from Tata groups to deliver multibagger returns in last 4 years.
Stock has strong fundamentals and is available at a decent valuation.
All long term investors shouldn't miss this opportunity to accumulate this stock.
Breakout of consolidation is already done. A follow up bullish candle can be expected next week.
TATAELXSI Good to Study NSE:TATAELXSI
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
Tata Elxsi Seems to be a Buy for Short TermStop Loss base of today's green candle. There is a box break out today in the subject share. Target is in chart.
Tata Elxsi stage analysisTata Elxsi stage analysis
Stage analysis of stock to show different stage like basing , advancing, distribution and declining.
some factor which has occurred which causes these stages.
Long term TATA stockTata Lexi will double from this movement after correction Lil bit or not maybe
The same stock consolidate for 1 or 2 years, post that it gets double, a gin the cycle repeats💸💸💸💸💸💰
