TATA Elxsi free tips on shares and share market tips updated for 30th November 2015, Monday.

TATA ELXSI (I)

Stock has formed rectangle pattern in daily chart, technical indicates sharp movement can be seen once stock comes out from its pattern.

Upper side stock will find strong trend line resistance around 2025 as shown in above image, further price rise can be seen once it closes and holds above 2025.

Stock has also formed long bullish candlestick pattern with increase in trading volumes this will favor bulls.

Intraday TATA Elxsi (I) looks good if it holds above 2025.

Will find resistance around 2060,2080.

S.L - 2010.

TATA ELXSI (I) Indian stock market, Intraday stock tips

TATA ELXSI (I)

• Stock is moving up from strong trend line support zone, further price rise can be seen as long as stock holds above.
• On upper side stock is facing golden ratio fibonacci retracement resistance zone @ 650 as shown in chart no2. Further price rise can be seen once stock closes and holds above 650.
• As per technical chart no3, stock is holding 100 DMA support from last few weeks this indicates bulls are having grip in this stock.

TATA ELXSI Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from support zone like trend line & moving average, this will favor bulls, but TATA ELXSI facing strong golden ratio resistance around 630, further strength expecting once it closes above 630. (Updated on 02nd September 2014, Tuesday).

TATA ELXSI

• As per previous report published on TATA ELXSI, stock has shown weakness from its trend line resistance @ 671 and after that made a low aroud 562. (Click here to see previous report published on TATA ELXSI).
• Now current technical charts indicates that stock is facing golden ratio resistance around 630, as long as stock trades below trend will not be clear and stock will zig zag, but once it closes and stays above 630 then bulls will get active again and can take stock to its next resistance around 671. As shown in chart no1.
• Free Intraday pick - If stock starts trading above 630 during trading hours then we can see some intraday bulls action in TATA ELXSI.
• As per graph no2 , stock is moving up from 50% fibonacci retracement and strong trend line support, this indicates that bulls are active in this stock, so as long as holding in trend line support zone chances are high that Tata Elxsi will show some bullish move. But once stock closes below its trend line support then it will show first sign of weakness. Close Watch.
• Suggested Reading - GIC HOUSING FINANCE has formed double bottom formation, will favor bulls once it closes above its trend line resistance.
• By looking closely ar graph no3, it indicates that 100 days moving average is paying an important role in Tata Elxsi from last 4 times stock is bouncing back from 100 DMA this indicates bulls are active.
• Suggested Article - NSE holidays 2014.
• Even stock major indicator like "MACD"and  "Stochastic Oscillator" is moving in positive zone, this indicates that Tata Elxsi can see come higher price in coming days. Other indicator "RSI" is moving below level 70 so this means stock is not in overbought zone and upside is clear so far.
• Click here to see all the free trading reports (tips) published by us on TATA ELXSI.
• Indian share market trading tips.

TATA ELXSI Share Market Tips - Stock coming down from strong resistance , further buying expecting if closes above 671 as per technical analysis point of view. (Updated On 21st July 2014, Monday).

• As per previous report published on TATA ELXSI , stock gave a sharp intraday move after breaking 647 and made a intraday high of 671. (Click here to view previous report on TATA ELXSI).
• Now daily chart indicates stock gave strong intraday selling once it touched its resistance, as shown above. Which indicates stock can see further buying once it closes above 671 and stays above, daily chart also indicates stock is trading above 20 days moving average that will favor bulls to take stock move upwards.
• Intraday close watch once TATA ELXSI starts trading above 671 can see some intraday action.
• If stock falls further from current levels then will find strong trend line support around 600.
• Monthly chart indicates stock is facing 261.8% fibonacci retracement resistance around 671 now , once closes above then stock looking good for short-long term traders.
• Suggested article to read from our collection - What is nifty and nifty futures.
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TATA EXLSI INDIA Free Share Market Trading Tips - Stock on the verge of bullish breakout above 647 as per technical analysis point of view. (Updated On 18th July 2014, Friday).

• TATA ELXSI (I) moving up from 20 days moving average and 38.2%  fibonacci retracement support as shown above, close watch daily chart indicates as long as stock holds above TATA ELXSI will favor bulls.
• Daily chart also indicates stock is facing strong trend line resistance around 647, If stock holds above and closes above 647 then further up trend is expecting. Above 647 stock will find next resistance around 668.50.
• Intraday close watch once Tata Elxsi starts trading above 647 can see some action.
• Monthly chart indicates stock is facing 261.8% fibonacci retracement resistance around 668.50, once closes above stock looking good for short-long term traders.

TATA ELXSI Share Tips - Stock to extend its gains after major Triangle Formation breakout. (Updated On 30th June 2014, Monday).

• As per previous report given on 26th June 2014 (Visit link - Tips On Share TATA ELXSI) stock gave a sharp move after breaking its triangle formation, Technically stock will favor bulls and on upper side will face trend line resistance around 670.
• (Short term trend) - Weekly chart indicates that stock is moving up from 38.2 % fibonacci retracement and 20 weeks moving average, as long as holds above stock will favor bulls for short term trades
• (Long term trend) - Monthly chart indicates that stock is coming down from 261.8% fibonacci retracement and now correcting. Once Tatat elxsi closes above 261.8% fibonacci retracement then stock will favor long term bulls till then no clear direction for long term traders of TATA ELXSI.
• Previous report you might find it intresting reading - Tips On Share Alstom T&D (I).

Tips On Share - TATA ELXSI (I) On the verge of breakout , has formed Triangle formation in daily chart. (Updated On 26th June 2014 , Thursday).

• TATA ELXSI (I) has formed triangle formation in daily charts, which indicates that once stock breaks its triangle formation then can see sharp move for next few days, if breaks on up side then will favor bulls but if breaks on down side will favor bears. 
• (Short term trend) - Weekly chart indicates that stock is moving up from 38.2 % fibonacci retracement and 20 weeks moving average, as long as holds above stock will favor bulls for short term trades.
• (Long term trend) - Monthly chart indicates that stock is coming down from 261.8% fibonacci retracement and now correcting. No clear direction for long term trend of TATA ELXSI.

Next Stock Will Update On 26th June 2014 , Thurday Around 12:30 pm - CADILA HEALTH CARE