Bearish Shark - TataElxsi - 4hr Bearish Shark - TataElxsi - 4hr PRZ: 901-910 SL: 916 TGT: 885, 875 01-07-2019Shortby HarmonicsInAction0
TATA ELXSI ANALYSIS- PLAYING W/ DOUBLE BOTTOMLets look at the analysis ---> 1> EW ANALYSIS :- Assuming this trend from 1490.9 level in corrective phase, we will assume impulse wave completed at 830.1, after that it slightly got complicated, still we will keep prefer count as B as flat, now we might be in wave c of B. 2> Classical TA :- a. the downtrend channel has given a breakout b. formed a minor double bottom (named as double bottom 1) with neckline at 911 (marked with red horizontal line) c. formed a major double bottom (named as double bottom 2) with neckline at 1002 (marked with violet horizontal line) d. given a bullish divergence in oscillator(RSI) e. bearish momentum has weakened and TS is about to make crossover w/ KS in ichimoku cloud f. scrip got major support at 830/35 range. 3> Putting it all together :- a. With current momentum and counting internal EW, it should touch the neckline of double bottom 1 at 911, if it breaches 869 without touching 911 levels, then it is something to take a quick look at the analysis again. b, After breaking neckline decisively, we might see up-move towards 1002, which is neckline of double bottom 2 and height of double bottom 1. It might face some hurdle around 950 levels, that can a point to look for. c. After breaking neckline decisively of double bottom 2, we might see up-move towards 1150/1195, this level again is height of double bottom 2 and 50% retracement of Fib levels. At the same level, there might be completion of wave c and B. Overall, we need to keep in check with the swings of the scrip as it has not yet given breakout to any of double bottoms. Regards, Sharma Yogesh Longby yogi_sharma_elliottician12
bearish butterfly tata elxsi sell prz at 891 to 896 sl 903.8 tgbearish butterfly tata elxsi sell prz at 891 to 896 sl 903.8 tgt 882 ,877 ,872 ,864 cmp 886.05 chart by tele @ market with harmonics 28/6by dm25982
Channel or Trendline Breakout wait for the confirmation of breakout and go to long or shortLongby NandhuGRavichandran0
Tata ElxsiAn old crown fav could potentially be bottoming out. Go long with a SL below 820. (the SL is deep coz it isn't a short term play but one for investors) Longby rdkriplani0
[Intraday] Tata Elxsi Short TradeAs per charts. The correct entry will be entering on previous candle low break.Shortby Amit_GhoshUpdated 1112
Possible Move Up for CTata Elxsi might see a corrective up move to complete the C wave of the possible ABC (Flat) pattern it is in currently. Risk reward seems to be good too.Longby Divergensity3
Bullish Bat - TataElxsi - 4hr Bullish Bat - TataElxsi - 4hr PRZ: 835-841 SL: 821 TGT: 854, 864 06-06-2019Longby HarmonicsInAction1
#TATAELXSI CASH : LOOKS GOOD SELL BELOW 863#TATAELXSI CASH 05 JUNE 2019 LOOKS GOOD SELL ONLY BELOW 863 STOPLOSS 870 TGT 856/851 CMP 869Shortby anandnst2
BUY TATAELXSI CMP 850 SL 820 TARGET 900/1000BUY #TATAELXSI CMP 850 SL 820 TARGET 900/1000 @Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education Purpose Only Follow More Live Updates :- Youtube/Telegram/twitter :- @NseDerivativeDesk Query on Whatsapp:- +91-7440557654 Thanks !!Longby NseDerivativeDeskUpdated 0
tata elxsia strong move above 886 might push the stock towards 898/915 with sl placed around 874 Longby bearishbull196833
TATAELXSI short trade for 2-3 weeksSafer Trade : Short trade A: short around 930-940 target 820-840 Risky short : Short trade B: short below 870 target 820-840 Shortby Alice_PuneUpdated 1
TATA ELXSI ready to take support from Weekly Trend line ?see chart for infoEducationby PardeepMUpdated 0
LongOne can look for Going long with stop below the previous Weekly low 820 and look to ride this Next move up Longby I-Fund-TraderUpdated 995
Tata ElxsiBuy above 868 with the stop loss of 862. Targets are 874, 880 and 886.Longby vanathiUpdated 3368