TATA ELXSI Tata elxsi is looking bullish . Currently on a breakout zone , One can look for a swing trade for sort term basis .
TATAELXSI trade ideas
Tata Elxsi Chart AnalysisAnalysis of Tata Elxsi Stock Chart - Observation of an upward channel, dry up of volumes and respecting 50 DMA
Tata Elxsi longTata elxsi at channel support and unboxing candidate. Can go long with good risk reward
Long TataElxsiLooking bullish on chart.
Entered with long term view for investment purpose.
This is not buy or sell reco.
NSE:TATAELXSI
Education purpose only.
TATAELXISGood breakout with good volumes. But iam thinking it is consolidating and it will be test of patience.
i will enter with tight stop loss and target is 5200 according to pattern
Tata elxsi Trend, Target, Elliot waveIf you see the chart point 5 of the wave is the target using Elliot wave.
Tata Elexsi Folllowing Descending TriangleTataElexsi Following Descending Triangle l, can give good breakout or Breakdown After following No Trade Zone
TATA ELXSI 1HRBullish BAT
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
TATA ELXSI 15MINBEARISH BAT for SCALPING
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
TATA ELXSI 4HRDaily & 4HR BEARISH GARTLEY Strong zone as On Type 1 Entry of Pattern given good reaction & Hit TARGETS
now EXPECTING price to again come in PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
then PATTERN need to be get confirmed from a BEARISH CANDLE , BULLISH with RSI Below 70
POTENTIAL SELL
TATA ELXSI Daily BEARISH GARTLEY Strong zone as On Type 1 Entry of Pattern given good reaction & Hit TARGETS
now EXPECTING price to again come in PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
then PATTERN need to be get confirmed from a BEARISH CANDLE ,BULLISH with RSI Below 70
POTENTIAL SELL
TATA ELXSIA beautiful structure on the chart. The stock is about to breakout from a pole and flag pattern formation. the resiliance was great even in today's volatile market. TATA ELXSI CAN SOON GO TO 3000
Pullback Expected#tataelxsi #trading #investing #IT
As RSI has heated up and formed a divergence on daily chart, pullback till 2750 is expected before further move on upside.
CMP 2861.
TATAELXSI Swing TradeStock has made good highs however there is still potential for the stock to go up based on the highs that the market is making. It is recommended to watch and only those with risk capacity shall enter. Nearest levels are 3042 above which breakout expected to 3400 which is R at pivot points.
