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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 2024-11-22 View latest technical analysis

10 day averaged volume of Tata Elxsi is 229092

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	6586.45	6500.05	6620.00	6497.60	0.467 times
21 Thu Nov 2024	6496.10	6555.00	6617.20	6458.00	0.492 times
19 Tue Nov 2024	6549.00	6492.20	6598.00	6473.85	0.517 times
18 Mon Nov 2024	6456.00	6405.05	6565.00	6286.00	1.098 times
14 Thu Nov 2024	6374.55	6445.30	6511.00	6338.20	1.054 times
13 Wed Nov 2024	6417.30	6630.00	6719.90	6379.60	1.432 times
12 Tue Nov 2024	6635.50	6560.00	6694.95	6483.30	1.69 times
11 Mon Nov 2024	6524.90	6940.80	7011.05	6494.00	2.174 times
08 Fri Nov 2024	6940.80	7159.35	7238.55	6821.65	0.55 times
07 Thu Nov 2024	7164.95	7349.25	7390.00	7136.65	0.529 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6554.2 as stoploss in an intra day buy trade for a target of 6836.55. However, stock will show a bearish move below 6554.2.

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6286.00
Upside Target	6620.00
Upside Target	6821.65
Upside Target	7175.00
Upside Target	7390.00
Upside Target	7485.00
Upside Target	7490.00
Upside Target	8027.00
Upside Target	8142.15
Upside Target	9080.00

Intraday share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Intraday Target	6374.97
Downside Intraday Target	6163.48
Upside Intraday Target	6708.97
Upside Intraday Target	6831.48
Downside Intraday Target	6497.48

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	6586.45	6405.05	6620.00	6286.00	0.405 times
14 Thu Nov 2024	6374.55	6940.80	7011.05	6338.20	3.132 times
08 Fri Nov 2024	6940.80	7146.95	7390.00	6821.65	1.462 times
01 Fri Nov 2024	7107.50	7068.00	7134.00	6969.00	0.411 times
25 Fri Oct 2024	6990.65	7365.00	7485.00	6870.60	1.146 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 Nov 2024	6586.45	7069.00	7390.00	6286.00	0.68 times
31 Thu Oct 2024	7021.85	7725.00	8027.00	6870.60	0.775 times
30 Mon Sep 2024	7724.45	8009.00	8142.15	7490.00	0.359 times
30 Fri Aug 2024	8000.70	7000.00	9080.00	6666.00	5.355 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 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Tata Elxsi in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 6564.22 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 negative.

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