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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 2024-08-12 View latest technical analysis

10 day averaged volume of Tata Elxsi is 66324

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	6834.40	6875.75	6888.00	6790.10	0.878 times
09 Fri Aug 2024	6875.75	6879.00	6899.90	6795.00	0.719 times
08 Thu Aug 2024	6819.50	6844.45	6864.00	6780.00	0.649 times
07 Wed Aug 2024	6844.45	6750.00	6879.95	6716.00	0.997 times
06 Tue Aug 2024	6696.00	6777.80	6888.50	6666.00	1.457 times
05 Mon Aug 2024	6777.80	6831.20	6870.00	6730.00	1.59 times
02 Fri Aug 2024	6911.05	6918.00	6940.00	6890.05	0.776 times
01 Thu Aug 2024	6942.95	7000.00	7011.85	6919.35	0.839 times
31 Wed Jul 2024	6984.50	6925.00	6990.00	6925.00	1.247 times
30 Tue Jul 2024	6925.60	6935.00	6955.00	6916.00	0.75 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 6830.1 as stoploss in an intra day buy trade for a target of 6915.05. However, stock will show a bearish move below 6830.1.

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6411.20
Downside Target	6666.00
Upside Target	7000.00
Upside Target	7011.85
Upside Target	7069.15
Upside Target	7103.80
Upside Target	7175.00
Upside Target	7375.00
Upside Target	7559.00
Upside Target	8195.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	6787
Downside Intraday Target	6739.6
Upside Intraday Target	6884.9
Upside Intraday Target	6935.4
Upside Intraday Target	6837.5

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	6834.40	6875.75	6888.00	6790.10	0.162 times
09 Fri Aug 2024	6875.75	6831.20	6899.90	6666.00	1.18 times
02 Fri Aug 2024	6911.05	6975.00	7011.85	6890.05	0.671 times
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

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
12 Mon Aug 2024	6834.40	7000.00	7011.85	6666.00	0.21 times
31 Wed Jul 2024	6984.50	7001.40	7175.00	6852.00	0.946 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

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 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 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 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 Strong and stock is gaining 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 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 tired and bears are picking up momentum.

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 and SELL signal is strong!

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

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 6849 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.