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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 2024-06-04 View latest technical analysis

10 day averaged volume of Tata Elxsi is 164427

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	6726.20	6975.00	6975.00	6411.20	1.815 times
03 Mon Jun 2024	6947.60	7148.00	7148.00	6926.45	1.153 times
31 Fri May 2024	6944.35	7240.00	7244.00	6903.00	3.081 times
30 Thu May 2024	7194.85	7326.70	7343.25	7165.85	1.155 times
29 Wed May 2024	7290.20	7310.50	7313.00	7252.35	0.413 times
28 Tue May 2024	7319.90	7360.00	7385.00	7303.35	0.391 times
27 Mon May 2024	7316.80	7374.95	7459.90	7305.00	0.509 times
24 Fri May 2024	7374.95	7416.60	7423.90	7326.05	0.524 times
23 Thu May 2024	7416.60	7268.95	7559.00	7240.15	1.707 times
22 Wed May 2024	7211.60	7232.05	7303.60	7171.50	0.686 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6818.8, for a target of 7019.4 or 7186.47

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6411.20
Upside Target	6903.00
Upside Target	7335.00
Upside Target	7350.00
Upside Target	7398.80
Upside Target	7459.90
Upside Target	7559.00
Upside Target	7993.20
Upside Target	7995.00
Upside Target	8195.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	6375.6
Downside Intraday Target	6025
Upside Intraday Target	7112.4
Upside Intraday Target	7498.6
Upside Intraday Target	6761.8

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	6726.20	7148.00	7148.00	6411.20	0.535 times
31 Fri May 2024	6944.35	7374.95	7459.90	6903.00	1.683 times
24 Fri May 2024	7374.95	7350.00	7559.00	7171.50	1.081 times
18 Sat May 2024	7314.95	7120.00	7398.80	7006.00	1.35 times
10 Fri May 2024	7127.40	7148.00	7188.00	7010.75	0.868 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
04 Tue Jun 2024	6726.20	7148.00	7148.00	6411.20	0.193 times
31 Fri May 2024	6944.35	7098.00	7559.00	6903.00	0.698 times
30 Tue Apr 2024	7051.90	7845.00	8195.00	7000.00	1.379 times
28 Thu Mar 2024	7785.15	7900.00	7993.20	7335.00	1.122 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 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 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.

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 coming down

CCI has generated a SELL signal for Tata Elxsi in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 7083.58 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.