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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)

Showing technical analysis as on 2023-01-12 View latest technical analysis

10 day averaged volume of Tata Elxsi is 11004

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Jan 2023	6182.20	6200.05	6230.00	6133.15	1.201 times
11 Wed Jan 2023	6221.65	6206.00	6288.00	6202.10	0.909 times
10 Tue Jan 2023	6202.65	6220.05	6239.75	6165.90	0.514 times
09 Mon Jan 2023	6225.95	6270.10	6320.00	6210.00	0.62 times
06 Fri Jan 2023	6191.45	6299.90	6310.60	6181.10	1.45 times
05 Thu Jan 2023	6288.90	6399.00	6399.00	6270.00	0.745 times
04 Wed Jan 2023	6366.80	6440.00	6473.10	6355.00	1.377 times
03 Tue Jan 2023	6425.65	6310.00	6446.45	6283.90	0.926 times
02 Mon Jan 2023	6293.45	6354.95	6380.00	6262.95	1.782 times
30 Fri Dec 2022	6287.10	6310.00	6438.90	6250.00	1.074 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 6123.7 as stoploss in an intra day buy trade for a target of 6257.43. However, stock will show a bearish move below 6123.7.

Share price targets for Tata Elxsi (TataElxsi)

Target Type	Value
Downside Target	5708.10
Downside Target	5825.00
Downside Target	6133.15
Upside Target	6320.00
Upside Target	6603.00
Upside Target	6745.00
Upside Target	6842.30
Upside Target	7094.85
Upside Target	7196.15
Upside Target	8194.00
Upside Target	8681.20
Upside Target	9275.05

Intraday share price targets for Tata Elxsi (TataElxsi)

Target Type	Value
Downside Intraday Target	6103.57
Downside Intraday Target	6024.93
Upside Intraday Target	6290.42
Upside Intraday Target	6398.63
Upside Intraday Target	6211.78

Weekly technical analysis of Tata Elxsi (TataElxsi)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Jan 2023	6182.20	6270.10	6320.00	6133.15	0.517 times
06 Fri Jan 2023	6191.45	6354.95	6473.10	6181.10	0.434 times
30 Fri Dec 2022	6287.10	5821.00	6494.00	5708.10	1.045 times
23 Fri Dec 2022	5837.65	6431.00	6444.25	5825.00	1.504 times
16 Fri Dec 2022	6429.35	6745.00	6745.00	6404.00	2.635 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 Jan 2023	6182.20	6354.95	6473.10	6133.15	0.203 times
30 Fri Dec 2022	6287.10	7080.00	7196.15	5708.10	1.777 times
30 Wed Nov 2022	7015.90	7030.00	7094.85	6603.00	0.461 times
31 Mon Oct 2022	6997.65	8460.00	8681.20	6842.30	1.525 times

Scroll below to view daily charts

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)

Price action analysis of Tata Elxsi ( (TataElxsi) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 Weak and stock is gaining momentum.

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

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 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 6272.49 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.