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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 2024-12-24 View latest technical analysis

10 day averaged volume of Tata Elxsi is 156822

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	6857.75	6930.00	7015.00	6828.05	0.961 times
23 Mon Dec 2024	6900.75	7037.70	7037.70	6825.00	0.723 times
20 Fri Dec 2024	6921.60	7301.05	7325.00	6900.00	1.645 times
19 Thu Dec 2024	7235.30	7150.00	7308.40	7095.05	0.86 times
18 Wed Dec 2024	7230.55	7265.00	7363.50	7214.55	1.02 times
17 Tue Dec 2024	7273.65	7352.00	7400.00	7232.60	0.865 times
16 Mon Dec 2024	7357.00	7372.50	7424.35	7317.35	0.489 times
13 Fri Dec 2024	7364.40	7314.00	7414.00	7211.95	1.09 times
12 Thu Dec 2024	7319.70	7360.05	7448.95	7286.50	1.505 times
11 Wed Dec 2024	7350.25	7410.00	7415.00	7326.65	0.752 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6866.4, but if it comes above 6866.4, then a intra day buy could be more profitable.
If you take a sell trade below 6866.4, then use 6866.4 as stoploss and 6558 as target. However if you take a buy trade in stock , then use 6866.4 as stoploss and 7123.38 as target.

Share price targets for Tata Elxsi (TATAELXSI)

Target Type	Value
Downside Target	6286.00
Downside Target	6610.15
Downside Target	6825.00
Upside Target	7037.70
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	6775.93
Downside Intraday Target	6694.12
Upside Intraday Target	6988.63
Upside Intraday Target	7119.52
Upside Intraday Target	6906.82

Weekly technical analysis of Tata Elxsi (TATAELXSI)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	6857.75	7037.70	7037.70	6825.00	0.345 times
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

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
24 Tue Dec 2024	6857.75	6670.75	7474.00	6613.00	1.236 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 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 7166.77 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.