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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 2024-08-28 View latest technical analysis

10 day averaged volume of Tata Elxsi is 751715

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	8227.50	8900.00	8900.00	8177.00	3.79 times
27 Tue Aug 2024	8971.40	7800.00	9080.00	7750.00	7.321 times
26 Mon Aug 2024	7683.05	7149.00	7940.00	7103.00	1.718 times
23 Fri Aug 2024	7088.15	6975.00	7139.00	6930.10	0.262 times
22 Thu Aug 2024	6963.70	6947.70	7040.00	6920.00	0.125 times
21 Wed Aug 2024	6926.50	6930.00	6992.95	6895.00	0.082 times
20 Tue Aug 2024	6929.35	6927.50	6980.00	6901.00	0.101 times
19 Mon Aug 2024	6927.50	6799.65	6971.00	6780.00	0.156 times
16 Fri Aug 2024	6799.65	6827.90	6875.00	6756.00	0.085 times
14 Wed Aug 2024	6827.75	6798.00	6840.00	6731.00	0.069 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 bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 8304.6, for a target of 7642.7 or 7091.1

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6411.20
Downside Target	6666.00
Downside Target	7011.85
Downside Target	7103.00
Downside Target	7139.00
Downside Target	7175.00
Downside Target	7375.00
Downside Target	7559.00
Downside Target	8195.00
Upside Target	9080.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	7193.67
Downside Intraday Target	6159.83
Upside Intraday Target	9170.67
Upside Intraday Target	10113.83
Downside Intraday Target	8136.83

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	8227.50	7149.00	9080.00	7103.00	17.642 times
23 Fri Aug 2024	7088.15	6799.65	7139.00	6780.00	2.335 times
16 Fri Aug 2024	6799.65	6875.75	6888.00	6724.65	0.652 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Tata Elxsi (TATAELXSI)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	8227.50	7000.00	9080.00	6666.00	4.37 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 up this month, and volume has increased substantially. This means that the move can 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 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 mid to longer 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.

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

MACD generated a BUY signal for Tata Elxsi in short term and the buy 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 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 BUY signal in short term but buying is losing 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 8475.08 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 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.