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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 2024-10-30 View latest technical analysis

10 day averaged volume of Tata Elxsi is 131830

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	7101.00	7030.00	7131.40	6969.00	0.56 times
29 Tue Oct 2024	7038.95	7080.00	7089.00	6969.00	0.56 times
28 Mon Oct 2024	7060.00	7068.00	7133.00	7007.00	0.741 times
25 Fri Oct 2024	6990.65	6990.00	7048.45	6870.60	1.08 times
24 Thu Oct 2024	6966.40	7247.70	7247.70	6950.00	1.351 times
23 Wed Oct 2024	7217.15	7137.95	7271.00	7017.80	1.295 times
22 Tue Oct 2024	7126.50	7410.00	7435.00	7101.05	0.923 times
21 Mon Oct 2024	7409.20	7365.00	7485.00	7290.90	1.216 times
18 Fri Oct 2024	7328.70	7360.00	7362.05	7275.00	0.551 times
17 Thu Oct 2024	7365.10	7420.40	7548.00	7330.65	1.269 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7122, but if it comes above 7122, then a intra day buy could be more profitable.
If you take a sell trade below 7122, then use 7122 as stoploss and 6833.9 as target. However if you take a buy trade in stock , then use 7122 as stoploss and 7362.11 as target.

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6411.20
Downside Target	6666.00
Downside Target	6852.00
Upside Target	7133.00
Upside Target	7485.00
Upside Target	7490.00
Upside Target	7749.00
Upside Target	7807.95
Upside Target	8027.00
Upside Target	8142.15
Upside Target	9080.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	7002.33
Downside Intraday Target	6903.67
Upside Intraday Target	7166.33
Upside Intraday Target	7231.67
Downside Intraday Target	7067.67

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	7101.00	7068.00	7133.00	6969.00	0.317 times
25 Fri Oct 2024	6990.65	7365.00	7485.00	6870.60	1.146 times
18 Fri Oct 2024	7328.70	7728.40	7749.00	7275.00	0.415 times
11 Fri Oct 2024	7675.15	7580.00	8027.00	7352.00	3.407 times
04 Fri Oct 2024	7576.10	7780.00	7807.95	7451.00	0.431 times

Price has moved up 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
30 Wed Oct 2024	7101.00	7725.00	8027.00	6870.60	0.764 times
30 Mon Sep 2024	7724.45	8009.00	8142.15	7490.00	0.359 times
30 Fri Aug 2024	8000.70	7000.00	9080.00	6666.00	5.355 times
31 Wed Jul 2024	6984.50	7001.40	7175.00	6852.00	0.946 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 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 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 SELL. Signal strength is Strong 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 7168.39 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.