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
TATAELXSI trade ideas
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
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.
Tata Elxsi - BullishTata Elxsi CMP - 1636.40
Looking bullish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Buy at or Above 1644 / Stop Loss 1630
Target 1 - 1650
Target 2 - 1655
Target 3 - 1660 / 1669
Disclaimer: This is my view and for educational purpose only.
TATA ELEXI - STRONG SWING TRADE BUY IN DIPS NOW 1266.45 SL 1130 TARGET 1400 1450
Over the last 5 years, revenue has grown at a yearly rate of 14.36%, vs industry avg of 8.82%
Over the last 5 years, market share increased from 5.36% to 7.06%
Over the last 5 years, net income has grown at a yearly rate of 20.21%, vs industry avg of 0.02%