Tata ELXSIPerfectly 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 ema9, current analysis indicates may go sideways for couple of days before it starts rally upwards and make new high. Anytime if reaches around 5866 would be a great buy.else need to wait until forms green candle with ema9 support, can go long on that level.
