Tata Elxsi - seems now also a good low-risk trade to me. However, as a cardinal rule would add on the breakout. For 20 MA followers, it is a good point to enter with a SL few percentages below MA.

#TATAELXSI Weekly
A simple setup set towards breaking out in to the uncharted territory above 4373.20

#StockMarket #StocksInFocus

Tata Elxsi :
An example of a multi-bagger !!!
Breaking out again...
#tataelxsi
#nifty
#banknifty
#niftyit
#EquityDynamo

#tataelexi
demand supply zone
turning points
#AhmedabadNest #trading #nishshkumar

Nearing resistance...

Will it respect or breakout like #Mindtree?
#TataElXSI

As part of our comparative analysis series, this month we covered two Engineering R&D companies.

Link to our presentation on, Tata Elxsi versus LTTS.

https://t.co/nsRLGpbt6L

Presentation only for educational purpose and should not be seen as an investment recommendation.

AR20-21 Notes

Tata Elxsi

Design Digital

Helping Enterprises Re-imagine Products & Services

Simplifying Technological Complexity

Retweet to help more Investors read AR.🙂

1/

Message From the Chairman

~Strong Operating Performance
~Diversify-Geopolitical & Currency Risk mitigated
~Ranked in the leadership zone of Zinnov Zones 2020 Report

2/

DESIGN DIGITAL

~Industrial Design & Visualization
~Healthcare
~Media Broadcast & Communications
~Transportation
~System Integration

3/

Notes from MDA

~IT Sector- 8% of GDP, 52% of Services Exported
~Capex budgets diverted to IT & digitalization
~Disturbance in Automotive Industries
~Global Auto demand is going to increase but at a slow pace

4/

Notes from MDA

~Media & Communication -1 of the few sectors that did well in pandemic
~5G adoption faster due to pandemic
~Inflection point for digital transformation in healthcare

#Tataelexsi -4830
4.618% is at 5076 once cross means upside towards 6.857% 7294.

In that case base Case 4697.

#Probability

#TATAELXSI (daily)
- Breakout from supply zone
- Strong bullish trend
- Bounced from channel Support
- Making HLs & HHs
- Big Volume being accumulated
- Buy above 4000
- Stoploss 3550
- Targets 4200/4400/4600/4800+
- TF ~ 1-3Months
#Investment

#TATAELXSI
post turtle breakout 1-2-3 pull back
now heading to 4900 and higher
#AhmedabadNest #Relativestrength #outperformance #investing #India

#TATAELIXSI
#DAILY

Bullish Structure !!!

Tata Elxsi - Pullback done. Perfect trait of a marathon runner.

Tata Elxsi @ 500 - Gann theorist ( Target: 250)
@ 900 - Auto sector slowdown
@ 1500 - overvalued
@ 2500 - PE is extremely high
@ 3500 - other options avaialble
@ 4500 - market is insane

Heading to 5000 - will hear the new narrative.

The market is an interesting place to watch.