TATAELXSI trade ideas
Tata Elxsi Medium Term positional call Tata Elxsi Limited Medium Term Techno-Funda call
NSE: TATAELXSI
CMP: 977, Closing based SL 879, Targets 1050 1080 1125
Technicals:
* Swing High Breakout
* Cup and Handle Breakout
* Volume breakout
* Trading above important Moving averages
* Resistance breakout
GOOD FUNDAMENTALS TOO
Disclaimer: All the levels are for education purpose only.
TATA ELXI RANGE BOND FROM 14 WEEKSI am Just surprised seeing the Technical calls provided for this stock , How come they can provide Buy call ans sell calls on this stock , when the stock it self is in range bond from 14 Weeks
Not 1 or 2 Weeks , and those who view television and blue channels , Please understand when the stock is left with not investors , it will be hanging like this , even no one is interested in bringing the price down or no institutional investor is interested in this Large Cap , its left in air with no much participation in the stock
Such stock normally move 300 Points up and down but its moving only 70 to 80 points
Regards
Short tata ElxsiWaiting to fall from the cliff. Interesting to see how many times it will take support at 1615. If it breaks this support level, 10% downside looks visible. next support is at 500DMA.
Bullish on Tata ElxsiThis could have started a big move up. Seems worth it as the setup is invalidated if it makes a new low..
TataElxsi Ready for an UpMove!!TataElxsi is giving a Buy Setup and is ready for a substantial upmove upon breakout. I would be buy stock around current levels with stoploss just below 1590 for a Target of 1800 / 2000. Details are on the chart.
Happy Trading!!
Siraj Hudda, CFTe
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