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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 2024-12-12 View latest technical analysis

10 day averaged volume of Tata Elxsi is 278721

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	7319.70	7360.05	7448.95	7286.50	0.847 times
11 Wed Dec 2024	7350.25	7410.00	7415.00	7326.65	0.423 times
10 Tue Dec 2024	7403.15	7325.00	7417.15	7325.00	0.592 times
09 Mon Dec 2024	7356.00	7400.00	7460.00	7320.00	0.467 times
06 Fri Dec 2024	7396.45	7385.55	7429.00	7324.45	0.609 times
05 Thu Dec 2024	7367.75	7200.00	7474.00	7151.00	1.969 times
04 Wed Dec 2024	7138.95	7124.25	7199.00	7060.40	0.892 times
03 Tue Dec 2024	7098.55	6750.05	7178.00	6740.00	3.875 times
02 Mon Dec 2024	6712.95	6670.75	6775.00	6613.00	0.365 times
29 Fri Nov 2024	6670.75	6769.90	6779.30	6654.30	0.517 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7250.5, but if it comes below 7250.5, then a intra day sell could be more profitable.
If you take a sell trade below 7250.5, then use 7250.5 as stoploss and 6885.55 as target. However if you take a buy trade in stock , then use 7250.5 as stoploss and 7688.5 as target.

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6286.00
Downside Target	6610.15
Downside Target	6870.60
Downside Target	7286.50
Upside Target	7390.00
Upside Target	7460.00
Upside Target	7474.00
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	7250.8
Downside Intraday Target	7181.9
Upside Intraday Target	7424.3
Upside Intraday Target	7528.9
Upside Intraday Target	7355.4

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	7319.70	7400.00	7460.00	7286.50	0.302 times
06 Fri Dec 2024	7396.45	6670.75	7474.00	6613.00	3.04 times
29 Fri Nov 2024	6670.75	6690.00	6879.00	6610.15	1.199 times
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

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
12 Thu Dec 2024	7319.70	6670.75	7474.00	6613.00	0.865 times
29 Fri Nov 2024	6670.75	7069.00	7390.00	6286.00	0.871 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

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 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 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.

Price action analysis of Tata Elxsi ( (TATAELXSI) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Tata Elxsi in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 7191.36 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 rising upwards.

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 is giving positive 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.