TATAELXSI trade ideas
TATAELXSI CASH : Looks good only above 1040.10TATAELXSI CASH
04 FEB 2020
LOOKS GOOD ONLY ABOVE 1040.10
STOPLOSS 1030
TGT 1048-1050
Flag spotted in TataelxsiAs a broader trend, tataelxsi is reversing its fall
and now as 90% of fall already covered, I expect more uptrend
During current uptrend, it has shown flag prev. also
But as current market is very dicey so for buy entry we must wait for sure breakout
above flag or if you want SL lesser than wait for demand zone of 925-930
targets in all cases will be supply zone of 1000-1040
At the same time we must not be rigid in buying
if it trades below 920 then further fall upto 855 is expected
Duration of trade is expected to be nearly 10-15 days
TATAELXSI INTRADAY FOR THURSDAYLET HORIZONTAL LINE BE BREACHED ON CLOSING BASIS TARGET FOR SHORT MARKED
TATA ELXSI MAKING HIGHER HIGHSTATA ELXSI on monthly. While the lows in 2019 are same as those in earlier period of 2016-17. However, the highs are higher. Extrapolating the highs target is near double the current price.
Tata Elxsi (TATAELXSI), NSECup with handle on daily chart. Breakout in second attempt. Looks bullish.
lONG TATAELXSILong can be taken around 820- 828 level, with a stop of 770.
the first target will be 928 a, the second target will be 1000 level.
Disclaimer - This is my personal view, please consult your advisor
before investing/ trading.
[Positional] Tata Exlsi Bearish Consolidation BetWill short 880CE Jan Series.
Not shorting because FII stays less active in this week of holidays.
Tata elxsi...... long trade.Looking to buy this stock on retest of support zone of 820 - 840 levels for a target of 900 & 925. stoploss @ 785. This is just my view , trade according to your own risk management.
If the stock does not hold the support zone .....the trade will be Negated.
