Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-11 View latest technical analysis

10 day averaged volume of Tata Elxsi is 119232

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	6957.45	7021.00	7037.90	6931.35	2.983 times
10 Wed Jul 2024	7119.45	7075.00	7175.00	7045.00	1.889 times
09 Tue Jul 2024	7016.80	7012.00	7027.00	6971.15	1.155 times
08 Mon Jul 2024	7027.00	7061.00	7095.95	7012.40	0.705 times
05 Fri Jul 2024	7054.45	7075.85	7106.40	7025.00	0.755 times
04 Thu Jul 2024	7075.85	7114.00	7127.75	7070.00	0.552 times
03 Wed Jul 2024	7096.15	7071.80	7114.70	7044.85	0.725 times
02 Tue Jul 2024	7057.75	7100.00	7117.50	7030.45	0.579 times
01 Mon Jul 2024	7072.95	7001.40	7088.90	6980.00	0.788 times
28 Fri Jun 2024	7001.40	7045.95	7045.95	6990.00	0.873 times

Stock of Tata Elxsi (TATAELXSI) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7016.3, but if it comes above 7016.3, then a intra day buy could be more profitable.
If you take a sell trade below 7016.3, then use 7016.3 as stoploss and 6897.5 as target. However if you take a buy trade in stock , then use 7016.3 as stoploss and 7115.41 as target.

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6411.20
Downside Target	6903.00
Upside Target	7175.00
Upside Target	7335.00
Upside Target	7349.80
Upside Target	7362.50
Upside Target	7375.00
Upside Target	7559.00
Upside Target	7993.20
Upside Target	8195.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	6867.53
Downside Intraday Target	6777.62
Upside Intraday Target	7111.18
Upside Intraday Target	7264.92
Upside Intraday Target	7021.27

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	6957.45	7061.00	7175.00	6931.35	1.98 times
05 Fri Jul 2024	7054.45	7001.40	7127.75	6980.00	0.568 times
28 Fri Jun 2024	7001.40	7161.90	7349.80	6966.00	1.808 times
21 Fri Jun 2024	7120.60	7327.25	7362.50	7077.10	0.715 times
14 Fri Jun 2024	7268.00	7189.00	7375.00	7080.00	0.567 times

Price has moved down 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
11 Thu Jul 2024	6957.45	7001.40	7175.00	6931.35	0.459 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
30 Tue Apr 2024	7051.90	7845.00	8195.00	7000.00	1.379 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 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 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 Weak 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 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 7034.72 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.