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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 2024-12-20 View latest technical analysis

10 day averaged volume of Tata Elxsi is 149673

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	6921.60	7301.05	7325.00	6900.00	1.724 times
19 Thu Dec 2024	7235.30	7150.00	7308.40	7095.05	0.901 times
18 Wed Dec 2024	7230.55	7265.00	7363.50	7214.55	1.069 times
17 Tue Dec 2024	7273.65	7352.00	7400.00	7232.60	0.906 times
16 Mon Dec 2024	7357.00	7372.50	7424.35	7317.35	0.512 times
13 Fri Dec 2024	7364.40	7314.00	7414.00	7211.95	1.142 times
12 Thu Dec 2024	7319.70	7360.05	7448.95	7286.50	1.577 times
11 Wed Dec 2024	7350.25	7410.00	7415.00	7326.65	0.788 times
10 Tue Dec 2024	7403.15	7325.00	7417.15	7325.00	1.102 times
09 Mon Dec 2024	7356.00	7400.00	7460.00	7320.00	0.87 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 6839.1 as stoploss in an intra day buy trade for a target of 7110.71. However, stock will show a bearish move below 6839.1.

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6286.00
Downside Target	6610.15
Downside Target	6870.60
Upside Target	7211.95
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	6739.62
Downside Intraday Target	6557.63
Upside Intraday Target	7263.97
Upside Intraday Target	7606.33
Upside Intraday Target	7081.98

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	6921.60	7372.50	7424.35	6900.00	0.933 times
13 Fri Dec 2024	7364.40	7400.00	7460.00	7211.95	0.382 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

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
20 Fri Dec 2024	6921.60	6670.75	7474.00	6613.00	1.154 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 7255.34 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.