Stock analysis Tata Elxsi Limited TATAELXSI
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Recent prices of TATAELXSI Tata Elxsi Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
25 Thu Apr 2024 | 7093.90 | 7060.00 to 7115.00 | 0.91% | 0.79 times |
24 Wed Apr 2024 | 7030.15 | 7000.00 to 7247.30 | -4.94% | 4.35 times |
23 Tue Apr 2024 | 7395.20 | 7380.00 to 7498.80 | -0.56% | 0.69 times |
22 Mon Apr 2024 | 7436.65 | 7420.00 to 7575.75 | -0.19% | 0.65 times |
19 Fri Apr 2024 | 7451.00 | 7368.00 to 7475.85 | -0.57% | 0.53 times |
18 Thu Apr 2024 | 7493.35 | 7477.00 to 7584.30 | -0.49% | 0.75 times |
16 Tue Apr 2024 | 7530.00 | 7510.10 to 7629.90 | 0.06% | 0.44 times |
15 Mon Apr 2024 | 7525.75 | 7506.00 to 7710.00 | -2.94% | 1 times |
12 Fri Apr 2024 | 7753.75 | 7733.00 to 7898.80 | -1.19% | 0.53 times |
10 Wed Apr 2024 | 7846.75 | 7801.00 to 7956.00 | -0.67% | 0.45 times |
09 Tue Apr 2024 | 7900.05 | 7871.00 to 8009.00 | -0.28% | 0.62 times |
08 Mon Apr 2024 | 7922.45 | 7814.00 to 8133.85 | -1.48% | 0.68 times |
Technical analysis forecast for Tata Elxsi Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Tata Elxsi Limited TATAELXSI at this time. Stock is falling and might fall more.
It appears as if Tata Elxsi Limited TATAELXSI gave a large move recently.
Stock of Tata Elxsi Limited (TATAELXSI) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Tata Elxsi Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Tata Elxsi Limited stays below 7265.6, but if it comes above 7265.6, then a intra day buy could be more profitable.
If you take a sell trade below 7265.6, then use 7265.6 as stoploss and 6933.3 as target. However if you take a buy trade in Tata Elxsi Limited, then use 7265.6 as stoploss and 7542.45 as target.