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(TATAELXSI) Tata Elxsi complete technical analysis [charts+indicators] | Buy/Sell Tata Elxsi | (TATAELXSI) share price targets

Complete technical analysis of Tata Elxsi (TATAELXSI) by charts plus indicators, forecast predictions and share price targets for Tata Elxsi (TATAELXSI)

Tata Elxsi trades in NSE in IT Software Products sector.

Showing technical analysis as on 2024-03-13 View latest technical analysis

10 day averaged volume of Tata Elxsi is 147414

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	7392.80	7650.00	7837.65	7335.00	2.135 times
12 Tue Mar 2024	7573.90	7706.00	7838.80	7515.00	0.763 times
11 Mon Mar 2024	7702.95	7724.90	7748.00	7633.15	0.9 times
07 Thu Mar 2024	7686.75	7590.10	7914.60	7585.85	2.052 times
06 Wed Mar 2024	7602.30	7710.00	7723.90	7540.10	0.723 times
05 Tue Mar 2024	7662.45	7692.90	7732.95	7601.05	0.728 times
04 Mon Mar 2024	7692.90	7819.00	7839.80	7658.85	0.687 times
02 Sat Mar 2024	7792.65	7753.00	7819.90	7745.00	0.091 times
01 Fri Mar 2024	7745.25	7900.00	7993.20	7720.00	1.477 times
29 Thu Feb 2024	7811.05	7580.00	7950.00	7440.00	2.089 times

Stock of Tata Elxsi (TATAELXSI) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 7420.7, for a target of 7557.3 or 7671.12

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	7335.00
Upside Target	7740.00
Upside Target	7914.60
Upside Target	7993.20
Upside Target	7995.00
Upside Target	8300.00
Upside Target	8576.05
Upside Target	8949.00
Upside Target	9200.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	7205.6
Downside Intraday Target	7018.4
Upside Intraday Target	7709.4
Upside Intraday Target	8026
Upside Intraday Target	7522.2

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	7392.80	7724.90	7838.80	7335.00	0.906 times
07 Thu Mar 2024	7686.75	7819.00	7914.60	7540.10	0.8 times
02 Sat Mar 2024	7792.65	7853.00	7993.20	7440.00	1.101 times
23 Fri Feb 2024	7812.30	7560.00	7995.00	7550.15	1.677 times
16 Fri Feb 2024	7513.45	7720.95	7740.00	7350.00	0.845 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tata Elxsi (TATAELXSI)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	7392.80	7900.00	7993.20	7335.00	0.602 times
29 Thu Feb 2024	7811.05	7610.00	7995.00	7350.00	0.984 times
31 Wed Jan 2024	7605.15	8793.00	8949.00	7564.20	0.709 times
29 Fri Dec 2023	8753.45	8333.25	9200.00	8300.00	0.966 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tata Elxsi (TATAELXSI)

Price action analysis of Tata Elxsi ( (TATAELXSI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tata Elxsi ( (TATAELXSI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tata Elxsi ( (TATAELXSI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tata Elxsi ( (TATAELXSI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Tata Elxsi stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Tata Elxsi in short term and the sell signal is strong.

Tata Elxsi Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Tata Elxsi in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Tata Elxsi is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7650.85 and Tata Elxsi (TATAELXSI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Tata Elxsi (TATAELXSI) stock. Volume based technical analysis of Tata Elxsi (TATAELXSI) stock is negative.

Tata Elxsi Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.