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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 2024-10-31 View latest technical analysis

10 day averaged volume of Tata Elxsi is 14534

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	7031.10	7159.65	7159.65	7000.00	0.473 times
30 Wed Oct 2024	7102.50	7049.80	7130.45	6975.00	0.426 times
29 Tue Oct 2024	7037.95	7067.90	7111.50	6969.05	0.683 times
28 Mon Oct 2024	7062.30	7399.95	7399.95	7006.95	0.936 times
25 Fri Oct 2024	6992.25	6970.05	7045.00	6871.70	1.5 times
24 Thu Oct 2024	6967.40	7225.00	7225.00	6950.00	1.348 times
23 Wed Oct 2024	7223.75	7126.55	7272.00	7012.00	1.194 times
22 Tue Oct 2024	7132.80	7400.05	7420.00	7110.00	0.612 times
21 Mon Oct 2024	7404.10	7398.95	7485.00	7290.40	1.39 times
18 Fri Oct 2024	7329.60	7399.90	7399.90	7273.05	0.786 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7091, but if it comes above 7091, then a intra day buy could be more profitable.
If you take a sell trade below 7091, then use 7091 as stoploss and 6797.7 as target. However if you take a buy trade in stock , then use 7091 as stoploss and 7335.43 as target.

Share price targets for Tata Elxsi (TataElxsi)

Target Type	Value
Downside Target	6406.60
Downside Target	6619.75
Downside Target	6852.95
Upside Target	7172.00
Upside Target	7490.00
Upside Target	7575.50
Upside Target	7743.20
Upside Target	7805.80
Upside Target	8025.00
Upside Target	8140.00
Upside Target	9082.90

Intraday share price targets for Tata Elxsi (TataElxsi)

Target Type	Value
Downside Intraday Target	6866.78
Downside Intraday Target	6702.47
Upside Intraday Target	7297.68
Upside Intraday Target	7564.27
Upside Intraday Target	7133.37

Weekly technical analysis of Tata Elxsi (TataElxsi)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	7031.10	7399.95	7399.95	6969.05	0.417 times
25 Fri Oct 2024	6992.25	7398.95	7485.00	6871.70	1.38 times
18 Fri Oct 2024	7329.60	7700.05	7743.20	7273.05	0.765 times
11 Fri Oct 2024	7676.45	7575.30	8025.00	7350.00	2.613 times
03 Thu Oct 2024	7590.40	7799.80	7805.80	7575.50	0.43 times

Price has moved up 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
31 Thu Oct 2024	7031.10	7731.00	8025.00	6871.70	0.875 times
30 Mon Sep 2024	7727.40	8039.70	8140.00	7490.00	0.341 times
30 Fri Aug 2024	7992.05	7000.00	9082.90	6619.75	4.799 times
31 Wed Jul 2024	6981.20	7002.00	7172.00	6852.95	0.881 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Tata Elxsi stock for short term is BUY. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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

Although the stock is in the SELL zone, but selling 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 7134.39 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.