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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 2024-06-19 View latest technical analysis

10 day averaged volume of Tata Elxsi is 143120

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	7244.80	7290.00	7316.65	7202.80	0.41 times
18 Tue Jun 2024	7289.70	7327.25	7362.50	7275.00	0.657 times
14 Fri Jun 2024	7268.00	7260.00	7375.00	7201.90	1.18 times
13 Thu Jun 2024	7231.05	7151.00	7291.05	7140.00	1.133 times
12 Wed Jun 2024	7120.25	7099.20	7158.30	7092.00	0.476 times
11 Tue Jun 2024	7087.65	7159.90	7165.00	7080.00	0.543 times
10 Mon Jun 2024	7140.15	7189.00	7190.00	7090.00	0.526 times
07 Fri Jun 2024	7120.00	6960.00	7165.00	6960.00	1.619 times
06 Thu Jun 2024	6932.20	6983.30	7018.50	6900.00	0.964 times
05 Wed Jun 2024	6878.90	6850.00	6943.55	6652.55	0.816 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 7332 as stoploss in an intra day sell trade for a target of 7152.79. However, stock will show a bullish move above 7332.

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6411.20
Downside Target	6903.00
Upside Target	7362.50
Upside Target	7375.00
Upside Target	7459.90
Upside Target	7559.00
Upside Target	7993.20
Upside Target	7995.00
Upside Target	8195.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	7177.57
Downside Intraday Target	7110.33
Upside Intraday Target	7337.27
Upside Intraday Target	7429.73
Upside Intraday Target	7270.03

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	7244.80	7327.25	7362.50	7202.80	0.276 times
14 Fri Jun 2024	7268.00	7189.00	7375.00	7080.00	0.567 times
07 Fri Jun 2024	7120.00	7148.00	7165.00	6411.20	1.068 times
31 Fri May 2024	6944.35	7374.95	7459.90	6903.00	1.683 times
24 Fri May 2024	7374.95	7350.00	7559.00	7171.50	1.081 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
19 Wed Jun 2024	7244.80	7148.00	7375.00	6411.20	0.664 times
31 Fri May 2024	6944.35	7098.00	7559.00	6903.00	0.698 times
30 Tue Apr 2024	7051.90	7845.00	8195.00	7000.00	1.379 times
28 Thu Mar 2024	7785.15	7900.00	7993.20	7335.00	1.122 times

Scroll below to view daily charts

Price has moved up 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tata Elxsi ( (TATAELXSI) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling is losing 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 7129.41 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 rising upwards.

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 is giving positive 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.