Buy Tata ELXSI 40% gainTata Elxsi may give a buy signal according to range bound trading strategy if it falls more from the present levels. The lower point of the range is 6436 and the upper limit of this range is 9043. So you need to buy at 6436 and sell at 9043 for around 40% gain. The stock has covered this range for three times in the past. There is another range with lower limit 5895 and upper limit again as 9043. So you need to buy at 5895 and sell at 9043 for around 51% gain in the stock. The stock has covered this range for two times in the past.
Please do your own analysis before investing.
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Tataelxsilong
Tata Elxsi can rise to old glory againTata Elxsi Limited, a part of Tata Group was incorporated in March 30th, 1989 as Tata Elxsi (India) Ltd. The Company is a global design and technology services company for product engineering and solution services across industries including Automotive, Broadcast, Communications, Healthcare, and Transportation. The operations are classified into two business divisions, i.e., Software Development and Services and Systems Integration and Support.
Tata Elxsi Limited CMP is 7088.15. The positive aspects of the company are Rising Net Cash Flow and Cash from Operating activity, It is a Company with No Debt and Company with Zero Promoter Pledge. The Negative aspects of the company are high PE (PE=56), MFs decreased their shareholding last quarter, declining profits and falling profit margins.
Entry can be taken after closing above 7132. Targets in the stock will be 7334, 7361, 7553 and 7797. The long-term target in the stock will be 8025, 8197, 8360 and 8539. Stop loss in the stock should be maintained at Closing below 6661.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Tata Elxsi giving encouraging signsTata Elxsi Ltd. is a global design and technology services company for product engineering and solution services across industries including Automotive, Broadcast, Communications, Healthcare, and Transportation. The operations are classified into two business divisions, i.e., Software Development and Services and Systems Integration and Support.
Tata Elxsi Ltd CMP is 7776.30. The Negative aspects of the company is High Valuation (P.E. = 60.8). The positive aspects of the company are Zero promoter pledge, FIIs are increasing stake, MFs are increasing stake, improving annual net profit, Improving cash from operations annual.
Entry can be taken after closing above 7858. Targets in the stock will be 8150 and 8591. The long-term target in the stock will be 8951 and 9188. Stop loss in the stock should be maintained at Closing below 7356.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
#Tata ELXSI making cup&handle pattern, 27% upmove possible?TATA elxsi on weekly time frame has made nice cup & handle pattern. And if we calculate the depth of this range then we can expect around 25-27% upmove till 10000/10294. Off course there are multiple resistances at 1) 8627 2) 8953 3) 9420(important FIB resistance) where booking some profit or trailing SL will make sense for me. Let's if this stock can give some fireworks on upside or not.
Happy Diwali everyone :)
TATAELXSI.BO (TATA ELXSI LTD.)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 is purely for *entertainment* purposes, and is not meant to be, and does not constitute, financial, investment, trading, or other types of advice or recommendations. Do Your Own Due Diligence (DYODD)
Tata Elxsi a giant trying to wake up from slumber. 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 reimagine their products and services through design and digital technologies such as Internet of things, Cloud, Mobility, Virtual Reality and Artificial Intelligence. CMP of the stock is 6201. Negatives of the company are High valuation (P.E.= 54.1) and FIIs and MFs are decreasing stake. Positives of the company is Zero promoter pledge, no debt, improving quarterly net profit and improving annual net profit. Entry in the stock can be taken after closing above 6269 levels. The targets will be 6382, 6513 and 6612. Long term target in the stock will be 6739 and 6800+. The stock is a long term investment idea. Stop loss should be maintained at Monthly closing below 5721.