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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.

10 day averaged volume of Tata Elxsi is 2661461

Date Daily Closing Price Open High Low Volume
22 Fri Jan 2021 2565.85 2601.95 2664.95 2541.00 0.38 times
21 Thu Jan 2021 2577.60 2829.00 2849.00 2529.95 0.675 times
20 Wed Jan 2021 2787.50 2705.05 2825.00 2692.50 0.82 times
19 Tue Jan 2021 2673.65 2510.00 2727.95 2510.00 0.684 times
18 Mon Jan 2021 2489.80 2354.00 2545.00 2330.65 1.336 times
15 Fri Jan 2021 2357.80 2455.00 2530.00 2280.05 0.95 times
14 Thu Jan 2021 2490.15 2398.95 2575.00 2272.20 2.68 times
13 Wed Jan 2021 2371.85 2150.25 2424.70 2140.05 2.017 times
12 Tue Jan 2021 2087.60 2142.00 2155.00 2025.00 0.32 times
11 Mon Jan 2021 2117.55 2081.80 2140.00 2070.00 0.375 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2495.5, but if it comes below 2495.5, then a intra day sell could be more profitable.
If you take a sell trade below 2495.5, then use 2495.5 as stoploss and 2182.15 as target. However if you take a buy trade in stock , then use 2495.5 as stoploss and 2871.5 as target.

Share price targets for Tata Elxsi (TATAELXSI)

Target Type Value
Downside Target 1060.45
Downside Target 1270.15
Downside Target 1331.00
Downside Target 1455.00
Downside Target 1609.00
Downside Target 1710.00
Downside Target 1762.00
Downside Target 1807.50
Downside Target 2025.00
Downside Target 2052.80
Downside Target 2330.65
Upside Target 2575.00
Upside Target 2849.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type Value
Downside Intraday Target 2314.67
Downside Intraday Target 2063.48
Upside Intraday Target 2833.02
Upside Intraday Target 3100.18
Upside Intraday Target 2581.83

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date Weekly Closing Price Open High Low Volume
22 Fri Jan 2021 2565.85 2354.00 2849.00 2330.65 0.614 times
15 Fri Jan 2021 2357.80 2081.80 2575.00 2025.00 5.595 times
08 Fri Jan 2021 2043.30 1880.95 2052.80 1866.75 1.157 times
01 Fri Jan 2021 1867.95 1774.00 1888.00 1762.00 0.692 times
24 Thu Dec 2020 1759.65 1640.00 1807.50 1468.00 2.927 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
22 Fri Jan 2021 2565.85 1843.00 2849.00 1837.00 2.845 times
31 Thu Dec 2020 1835.30 1612.00 1888.00 1468.00 1.351 times
27 Fri Nov 2020 1588.25 1526.85 1609.00 1455.00 0.457 times
30 Fri Oct 2020 1534.10 1295.00 1710.00 1270.15 1.492 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 34, 12, 48 Buy
MACD 437, 383Buy
Stochastics 76Buy
CCI 55Sell
RSI 65Buy
OBV 18667854Sell
VWAP 2473Buy
ADL 0Sell
ROC 26Buy
Force Index 0Sell

Price action analysis of Tata Elxsi ( (TATAELXSI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 losing momentum.

MACD generated a BUY signal for Tata Elxsi in short term and the buy signal is strong.

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 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 but SELL 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

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 2472.93 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.

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