TATAELXSI short term1. Wide range bullish candles as pointed on the chart.
2. look at bearish candles as pointed on the chart.
3. Trying to reach 50 DMA trend line
4. formed a Nce stage structure.
5. Marked breakout entry, Accumulate less right now
TATAELXSI trade ideas
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.
TATAELXSI price prediction for November 30TATAELXSI is in bullish trend. If this crosses 6600 then will touch 7550. Hold this for 30th November.
TATA ELXSI 15 Min chart Ascending Triangle 25 Sept 2021TATA ELXSI 15 Min chart Ascending Triangle 25 Sept 2021
TATA ELXSI Tata elxsi is looking bullish . Currently on a breakout zone , One can look for a swing trade for sort term basis .
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
