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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 2024-01-10 View latest technical analysis

10 day averaged volume of Tata Elxsi is 53350

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	8755.45	8679.00	8800.00	8602.30	1.194 times
09 Tue Jan 2024	8643.60	8650.00	8744.40	8610.00	1.414 times
08 Mon Jan 2024	8584.15	8647.70	8695.00	8565.10	0.808 times
05 Fri Jan 2024	8645.85	8677.95	8718.95	8575.10	0.905 times
04 Thu Jan 2024	8639.65	8607.55	8698.00	8607.55	0.972 times
03 Wed Jan 2024	8607.55	8722.95	8728.80	8600.00	1.001 times
02 Tue Jan 2024	8711.45	8740.00	8784.60	8609.00	0.884 times
01 Mon Jan 2024	8744.20	8793.00	8793.00	8710.00	0.653 times
29 Fri Dec 2023	8753.45	8799.15	8799.15	8701.50	1.273 times
28 Thu Dec 2023	8757.95	8850.00	8855.00	8742.00	0.988 times

My analysis of stock is bearish for shortterm, and stock might move down till 8639 or till 8467.4. Use a stoploss of 8782.03 and if the stock hits stoploss, then it can shoot up till 8925.06

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	7172.00
Downside Target	7413.70
Downside Target	7758.90
Downside Target	8300.00
Downside Target	8701.50
Upside Target	8793.00
Upside Target	8800.00
Upside Target	8930.00
Upside Target	9183.25
Upside Target	9200.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	8613.7
Downside Intraday Target	8471.95
Upside Intraday Target	8848.6
Upside Intraday Target	8941.75
Downside Intraday Target	8706.85

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	8755.45	8647.70	8800.00	8565.10	0.774 times
05 Fri Jan 2024	8645.85	8793.00	8793.00	8575.10	0.988 times
29 Fri Dec 2023	8753.45	8914.00	8930.00	8701.50	0.347 times
22 Fri Dec 2023	8870.65	9060.05	9200.00	8408.35	0.375 times
15 Fri Dec 2023	9053.60	8401.70	9183.25	8400.00	3.864 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
10 Wed Jan 2024	8755.45	8793.00	8800.00	8565.10	0.124 times
29 Fri Dec 2023	8753.45	8333.25	9200.00	8300.00	0.966 times
30 Thu Nov 2023	8252.80	7650.00	8576.05	7413.70	1.266 times
31 Tue Oct 2023	7625.20	7260.00	7758.90	7172.00	1.677 times

Scroll below to view daily charts

Price has moved up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 Weak and stock is losing momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Tata Elxsi in short term and BUY signal is strong.

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 8685.83 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 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 positive

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