TATA ELXSI GOOD FOR SWING TRADE
This stock is support the moving average 44 and support line so it is a good stock to buy
BUY =9085
sp =8800
1st target =9547
2nd target = 9800
Tata elxi is a strong candidate for a possible breakout from its immediate resistance. Wait for the price to cross the resistance level! Keep it in your radar! # Tata elxi # Breakout soon
Everything is explained well in the chart itself, pls watch carefully and try to understand. As per me i think rally is about to end as it's making Higher Low and downtrend is visible. Possible level- 6787,6453,5981 & 5000. Allah Knows Best.
TATA Elxsi expected to fall soon. On weekly TF, RSI is giving -ve divergence. Moreover, it can be observed from the chart that there is a Resistance of trendline at current level.
Further, tata trust is going short on same
PS - Just for educational purpose :)
wait 7430-7480 levels , to cool down then it would be a great entry
April 20 is result day ,
stock has already rallied with good q4 resukts exceptations
Perfectly moving in a channel since new year break out happend 20 sep21 and sustained above channel for a month then market went down so Tata elxsi, however again took support of upper trend line of channel from February on 8 nov and this week retested the same, as per DMI last buying level given in may2020. Still quite away from ema20, however have been following...
Intraday Cash Buy TATAELXSI @989.80-993.8 SL 972 TGT 1032
Above VWAP + MACD cross over + TK line cross over => Bullish momentum so we the uptrend to continue.
Hello!! Tata elxis is looking like a very good stock technically as it is in an uptrend after the crash of march and now it has nearly doubled till march levels it can see some above high moves. #learner #my_view
Hello buddies,
buy only after 780 for target toward 810-835-860, Stoploss: 755
Thanks, tired from writing more about idea LOL
I mention everything in the chart
