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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 2024-07-26 View latest technical analysis

10 day averaged volume of Tata Elxsi is 137375

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	6961.60	6871.00	6974.95	6871.00	0.501 times
25 Thu Jul 2024	6869.70	6906.00	6936.65	6852.00	0.856 times
24 Wed Jul 2024	6938.05	6950.00	7019.00	6925.00	0.528 times
23 Tue Jul 2024	6994.15	6924.30	7069.15	6900.00	0.832 times
22 Mon Jul 2024	6964.25	6978.95	6978.95	6903.00	0.586 times
19 Fri Jul 2024	6980.55	7050.00	7074.90	6945.00	0.596 times
18 Thu Jul 2024	7034.40	6998.00	7050.00	6942.00	0.791 times
16 Tue Jul 2024	6998.20	7017.80	7043.95	6985.00	0.633 times
15 Mon Jul 2024	7017.80	7079.00	7103.80	7004.00	0.616 times
12 Fri Jul 2024	7065.55	6960.00	7134.70	6950.05	1.973 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6956.5 as stoploss in an intra day buy trade for a target of 7015.18. However, stock will show a bearish move below 6956.5.

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6411.20
Downside Target	6852.00
Upside Target	7127.75
Upside Target	7175.00
Upside Target	7335.00
Upside Target	7349.80
Upside Target	7375.00
Upside Target	7559.00
Upside Target	7993.20
Upside Target	8195.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	6852.68
Downside Intraday Target	6743.77
Upside Intraday Target	7069.83
Upside Intraday Target	7178.07
Downside Intraday Target	6960.92

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	6961.60	6978.95	7069.15	6852.00	1.253 times
19 Fri Jul 2024	6980.55	7079.00	7103.80	6942.00	0.337 times
12 Fri Jul 2024	7065.55	7061.00	7175.00	6931.35	2.649 times
05 Fri Jul 2024	7054.45	7001.40	7127.75	6980.00	0.568 times
28 Fri Jun 2024	7001.40	7161.90	7349.80	6966.00	1.808 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
26 Fri Jul 2024	6961.60	7001.40	7175.00	6852.00	0.871 times
28 Fri Jun 2024	7001.40	7148.00	7375.00	6411.20	1.042 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

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 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 losing momentum.

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

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 6995.63 and Tata Elxsi (TATAELXSI) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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