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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)

10 day averaged volume of Tata Elxsi is 12345

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 7047.75 7104.00 7160.60 7011.20 1.58 times
29 Mon Apr 2024 7104.30 7169.65 7175.70 7082.90 0.512 times
26 Fri Apr 2024 7100.75 7148.85 7193.60 7075.00 0.587 times
25 Thu Apr 2024 7093.75 7040.15 7117.55 7040.15 1.905 times
24 Wed Apr 2024 7035.10 7173.15 7231.70 7000.70 2.719 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7217.8, but if it comes above 7217.8, then a intra day buy could be more profitable.
If you take a sell trade below 7217.8, then use 7217.8 as stoploss and 6810.5 as target. However if you take a buy trade in stock , then use 7217.8 as stoploss and 7557.2 as target.

Share price targets for Tata Elxsi (TataElxsi)

Target Type Value
Downside Target 7000.70
Upside Target 7175.70
Upside Target 7340.00
Upside Target 7565.00
Upside Target 7988.30
Upside Target 7991.75
Upside Target 8144.95
Upside Target 8194.85
Upside Target 8300.00
Upside Target 8948.40
Upside Target 9191.10

Intraday share price targets for Tata Elxsi (TataElxsi)

Target Type Value
Downside Intraday Target 6980.73
Downside Intraday Target 6913.72
Upside Intraday Target 7145.23
Upside Intraday Target 7242.72
Upside Intraday Target 7078.22

Weekly technical analysis of Tata Elxsi (TataElxsi)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 7047.75 7169.65 7175.70 7011.20 0.342 times
26 Fri Apr 2024 7100.75 7494.50 7573.00 7000.70 2.433 times
19 Fri Apr 2024 7444.50 7650.05 7700.00 7370.50 0.723 times
12 Fri Apr 2024 7752.65 8144.95 8144.95 7736.05 0.673 times
05 Fri Apr 2024 8047.40 7877.95 8194.85 7651.40 3.543 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
30 Tue Apr 2024 7047.75 7877.95 8194.85 7000.70 1.461 times
28 Thu Mar 2024 7779.60 7942.45 7991.75 7340.00 0.986 times
29 Thu Feb 2024 7786.70 7619.15 7988.30 7350.00 0.869 times
31 Wed Jan 2024 7603.60 8759.00 8948.40 7565.00 0.625 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 13, 36, 47 Sell
MACD -314, -233Sell
Stochastics 11Sell
CCI -75Sell
RSI 44Sell
OBV -23636Sell
VWAP 7174Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 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 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 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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 7173.95 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.

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