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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 2024-03-22 View latest technical analysis

10 day averaged volume of Tata Elxsi is 146807

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	7665.00	7655.55	7689.80	7616.95	0.434 times
21 Thu Mar 2024	7704.75	7626.05	7719.95	7588.95	0.544 times
20 Wed Mar 2024	7556.50	7633.00	7675.00	7525.00	0.46 times
19 Tue Mar 2024	7635.85	7708.00	7718.75	7552.05	0.534 times
18 Mon Mar 2024	7702.70	7725.00	7790.00	7657.00	0.542 times
15 Fri Mar 2024	7707.00	7744.00	7825.00	7600.00	1.132 times
14 Thu Mar 2024	7730.60	7456.75	7772.25	7351.95	0.914 times
13 Wed Mar 2024	7392.80	7650.00	7837.65	7335.00	2.144 times
12 Tue Mar 2024	7573.90	7706.00	7838.80	7515.00	0.766 times
11 Mon Mar 2024	7702.95	7724.90	7748.00	7633.15	0.904 times

My analysis of stock is bearish for shortterm, and stock might move down till 7575.3 or till 7467.2. Use a stoploss of 7665.33 and if the stock hits stoploss, then it can shoot up till 7755.39

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	7335.00
Upside Target	7790.00
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	7530
Downside Intraday Target	7395
Upside Intraday Target	7795
Upside Intraday Target	7925
Downside Intraday Target	7660

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	7665.00	7725.00	7790.00	7525.00	0.429 times
15 Fri Mar 2024	7707.00	7724.90	7838.80	7335.00	1.393 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

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
22 Fri Mar 2024	7665.00	7900.00	7993.20	7335.00	0.888 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 BUY signal for Tata Elxsi in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Tata Elxsi Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Tata Elxsi in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7601.12 and Tata Elxsi (TATAELXSI) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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