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

#StockMarket #StocksInFocus

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.

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

Nearing resistance...

Will it respect or breakout like #Mindtree?
#TataElXSI

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

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

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

Tata Elxsi
(Monthly & Weekly chart - log scale)

➡️ Technical analysis 👇

#TATAELXSI #stocks #stockstowatch #StocksInFocus

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.

IT stocks on Radar
Chart Check #Tataelxsi
4575 is life time high zones and its giving consolidation breakout with Higher Highs - Higher Lows.
#Nifty #Niftyit #Tataelxsi
RSI gives Bullish crossover on weekly and Volume spikes along with Del Vols.

#TATAELXSI momentum breakout
RSI & MACD quite strong
sustaining above 5140, may rush towards 5600
#Nifty #NiftyIT #Stocks #StockMarket #StockToWatch
Not trading call, academic post