Tata Elxsi - Bullish Stock at strong support area
Risk reward excellent
Expect 5 figures soon
Self explanatory chart
TATAELXSI trade ideas
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💸💸💸💸💸💰
TATA ELXSI (Bullish)Ready to fly
Symmetric triangle formation
Semiconductor sector
currently trading in accumulation zone
Long Tata Elexsitaking support on the trend line.....
Great opportunities , grab at the bottom,,,,
great company, trust worthy at cheap price...
Tata Elxsi - LongTata Elxsi - Long
Buy & accumulate zone: 7265 - 7811
Target 1: 8414.25
Target 2: 8668.75
target 3: 9039.00
Major Support: 7021
Trade and Invest Wisely with your knowledge! Good Luck!
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**Disclaimer:
I am NOT a SEBI registered consultant/Advisor (and NOT any country-authorized board registered consultant/Advisor). It is completely my view and opinion.
My intention is not to provide any financial advice, training advice, or any type of advice or any recommendations on stock/Forex/Coin buying or selling.
Please do your research and consult with your financial advisor before taking any action.
I am not responsible for any of your actions on buying, selling, or holding the above-mentioned stock or/and index or/and Forex or/and coins.
TATA ELXI LOOKING GOOD TATA ELXI and its business structure is great it is also come under IT industry and also making semi conductor chips, you can expect target of 9250
TATAELXSI | Investment Pick📊 Details
Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services from research and strategy, to electronics and mechanical design, software development, validation and deployment, and is supported by a network of design studios, global development centers and offices worldwide.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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TATA ELEXI on the move?Seems like it's going up again.
The regular correction is finished...
The previous running flats move is also not seen...
Trade with a good risk management (if traded)
IT'S ONLY an idea 💡 decision is yours.
TATAELXSI - Long Setup, Move is ON..NSE:TATAELXSI
✅ #TATAELXSI trading above Resistance of 8700
✅ Next Resistance is at 9422
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Tata Elxi- Cup and handle and bullish pennant breakoutTata elxsi- After a wonderful c&h breakout, formed a bullish pennant in weekly and blasted today. Most probably it will close at the resistance of 8815 today. Good to buy during retracement if it happens for the target of 9400 and 10000
Resistance to support and rising moving averages.After consolidating for more than 1 year Tata Elxsi
now seems ready for next upmove.
Good technical signals are
1. Resistance of 7150 region is acting as support
2. 20 and 50 moving averages are rising and giving support
T1, T2 and SL are no chart.
