TATAELXSI continues its journey towards skylineAll time high has been taken out with good volume. Trend may seems to continue after retracing near 7900.
Trade ideas
TATAELXSI continues its journey towards sky. The stock has broken all time high significantly with good volume. This represents the buyers showing interest to take the price even more higher. If the price retraces then it is expected to take support near 7900 and resume its journey towards bull side. Hope my view may help you all.
Tata Elxsi Limited | Good for Long NSE:TATAELXSI
Cmp : 8438
Try on pullback near 8000 - 8050.
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Tata Elx Strong BullishTata elx seems strong weekly closing in life time high indicates rally may continuer further
breakout traders, investors concentrate if price sustain above 8470 in daily
#TATA ELXSI Harmonic#TATA ELXSI ALL TIME HIGH
Fresh breakout with volume
New target -9175
SL-7538
CMP:8438.20 @27 March 2022
tata elxsinegative rsi divergence on weekly got sorted out with the fall in tata elxsi but divergence on daily still need to sort out...
can we see 5300 again for this to sort out??
tata elxsione of the best stock in technology, each time taking support at trend-line and perfectly bouncing from it.
perfect stock for SIP
Tata Elxsi Cmp 6561 dated 22-2-2022 SELLTata Elxsi Cmp 6561 dated 22-2-2022
1. Trendline breakdown @ 6625
Sell at cmp for a tgt of 6450-6280-6150 SL 6700
It is just a view, pls trade at your own risk.
Tata Elxsi - Short OpportunityShort Opportunity -
Tata Elxsi has formed Inverted Cup & Handle pattern, which indicates the bearish movement will come soon. The neckline of this pattern of Rs. 6550.40 is strong support for the previous days. The CPR is narrow and at the downside, which means a strong bearish movement is expected. The CCI is near the -100 level and MA is headed to the downside. So, we can go for short if this stock retests at the neckline.
Tata Elxsi - Short OpportunityShort Opportunity Expected -
Tata Elxsi is in a sideways zone. there was no such movement given in this stock on the previous trading day. But the narrow CPR is indicating the movement is expected in this stock. If the first candle closes below 6926.70 then there will be a bearish movement (high chances on bearish) as the VWAP has crossed the MA. But we have to wait till the CCI enters the -100 level.
TATA ELXI - LONGNo fancy chart pattern required .
Stock moving higher high .
Looks like will break all time high very soon.
SL to be below 6000 DCB
cup and handle pattern formationTATA Elixs
Cup and Handle Formation on DailyTime Frame.
Bullish Trend
CMP 7550
Target 8700 Long term
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NSE:TATAELXSI
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Buy above 7203 TGT 7406 SL 7106Suggestions are based on my trendline analysis only. Please do your analysis before taking any trade.
TATAELXSI Weekly breakoutit has given weekly breakout with good volume.
RSI seems cooling off on daily chart.
6700-7000 will act a good support zone. which will become a breakout retest.
it can rally upto a potential 8000 level.
A Good opportunity to buy Tata elxsiThe one stock that shows huge momentum throughout last year and now the stock has created a Darvas box formation with volume the stock can be considered for short to medium term trade
Tata Elxsi Brkout awaitedThe dly chart of Tata Elxsi shows a resis at 6099
A valid brkout abv it is likely to take the prices on the upside.
Can touch app 6600 - 6700
However is prices continue to move abv 6750.......it will likely carry on the upside.
The stock has been in bullish momentum and this brkout may prove to be yet another entry point for those who missed the previous bull run.
Trade as per price action.
Buy 7743 SL 7394 TGT 7727 Sell below 7320 TGT 7190Suggestions are based on my analysis only. Please do your analysis before taking any trade.
POSSIBLE BREAKOUT CANDIDATEStock can see 6500/6800/7500+ levels soon. Need to close above 5900 (WCB)
Short CandidatePrice has strectched beyond its averages while the market is going the other way. Its bound to come down for good correction. Let's see !!!!!!
Disclaimer: View for Educational Purpose only, not to be considered as trading/investment advice.
