Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. The company is present across the world with Americas accounting for majority of revenues at 42%, followed by Europe (36%), India (17%) & rest of world contributing to 5% of revenues. The customer...
TATAELXSI.BO (TATA ELXSI LTD.) Golden Cross detected, a technical chart pattern indicating the potential for a major rally. The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average. Other indicators I monitor are also suggesting a strong Bullish Trend. Next TP INR 7825.98 *Disclaimer* The information...
Reason for long a) Weekly breakout b) indicator positive SL compulsory
Weekly chart showing breakout from double bottom and supertrend. It can show target from 8000 to 10000 SL 7000
I added targets on charts just check it out before it to late
THE TATA ELXSI CHART SHOW STRENGHT IN THE TREND.THE SHARE IS RSI IS ABOVE 60 AND ADX is above 20 and positive trend. If you are want to any IT share for investment this is the good. I am bullish in the stock
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Warriors, Look at TATELXSI.. I do believe we need to see this week's close but for the next few days it looks bullish !! See the levels and act accordingly !! Cheers! Knight Kumar
Tata Elxsi a giant trying to wake up from slumber. It has not woken up yet. It will fully wake up only after closing above 6877 but till then here is what you can do. Tata Elxsi provides design and technology services to various companies across sectors like Automotive, Broadcast, Communication, Healthcare and Transportation. Company is also helping customers...
Seems its in the last leg of the corrective wave now,hence it can be shorted for lower targets.
Some interesting observations 1. In Weekly time frame, If we draw GANN Resistance Fan taking low of 16 March 2020 and place 0.618 line on highest price . You see almost perfect price alignment on Gann fan lines 2. Daily bullish divergence on RSI & MFI. Retest of 5900 is possible, followed by rebound to test 6000 - 6150 Rs. This could be speculative PA and not...
Tata Elxsi is in a corrective wave.Wave four has completed and wave 5 down is starting.It can slowly slide towards 5200 levels.
Stock has good potential, taken support at strong level, keep watch the levels for fresh entry.
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...
Reason for long a) Channel breakout b) good bull signal candle for long SL compulsory
On the chart as you can see there was good support on CMP price in previous taken support here and bounce back ypu can keep it on watch list and on any signal of reversal like bullish candle . It could we a good swing trade
Double bottom pattern formed RSI shows oversold At strong support level Bullish divergence
heavy selling begin minimum target is 6724 if it not hold 6724 then again heavy selling begin