TATA ELXSI: Have drawn trendlines on the chart for your refeTATA ELXSI: Late update as I was busy with work. Have draw trendline on the chart for your reference Resistances are in Red and Support in Green. Try trading within these zones. Buy between 5870 to 5890. Please trade with SL. Trail stop. Remember position sizing. Always respect Risk. I don't generally have targets aI keep pyramiding the position on the way up and start selling into the strength. If I have to quote a target I see INR 10980/- as a medium to long-term target. Happy trading folks!!
Disclaimer: This idea is posted for educational purposes only. I'm not a SEBI registered advisor. Please consult your certified financial advisor before trading/ investing.
“If you can’t take a small loss, sooner or later you will take the mother of all losses.”
- Ed Seykota
** Apologies for not being active on the platform, I was busy with work. This is a late update on TATA ELXSI. I have been trading in this counter since last October (2021) and kept booking partial positions now and then. Disclaimer: I still hold some position on this counter.
