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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 2024-08-05 View latest technical analysis

10 day averaged volume of Tata Elxsi is 75808

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	6777.80	6831.20	6870.00	6730.00	1.391 times
02 Fri Aug 2024	6911.05	6918.00	6940.00	6890.05	0.679 times
01 Thu Aug 2024	6942.95	7000.00	7011.85	6919.35	0.734 times
31 Wed Jul 2024	6984.50	6925.00	6990.00	6925.00	1.091 times
30 Tue Jul 2024	6925.60	6935.00	6955.00	6916.00	0.657 times
29 Mon Jul 2024	6930.20	6975.00	7010.00	6921.00	0.853 times
26 Fri Jul 2024	6961.60	6871.00	6974.95	6871.00	0.908 times
25 Thu Jul 2024	6869.70	6906.00	6936.65	6852.00	1.552 times
24 Wed Jul 2024	6938.05	6950.00	7019.00	6925.00	0.956 times
23 Tue Jul 2024	6994.15	6924.30	7069.15	6900.00	1.508 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 6814.5, for a target of 6899.8 or 6970.85

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6411.20
Downside Target	6730.00
Upside Target	7011.85
Upside Target	7069.15
Upside Target	7103.80
Upside Target	7175.00
Upside Target	7375.00
Upside Target	7559.00
Upside Target	8195.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	6715.2
Downside Intraday Target	6652.6
Upside Intraday Target	6855.2
Upside Intraday Target	6932.6
Upside Intraday Target	6792.6

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	6777.80	6831.20	6870.00	6730.00	0.347 times
02 Fri Aug 2024	6911.05	6975.00	7011.85	6890.05	0.671 times
26 Fri Jul 2024	6961.60	6978.95	7069.15	6852.00	1.253 times
19 Fri Jul 2024	6980.55	7079.00	7103.80	6942.00	0.337 times
12 Fri Jul 2024	7065.55	7061.00	7175.00	6931.35	2.649 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
05 Mon Aug 2024	6777.80	7000.00	7011.85	6730.00	0.085 times
31 Wed Jul 2024	6984.50	7001.40	7175.00	6852.00	0.946 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Tata Elxsi ( (TATAELXSI) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 6918.5 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.