#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
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Buy right, sit tight stock - #TATAELXSI
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Invest in companies where you have conviction to stay invested due to your own reasons. No use trying to investing in everything and anything. #TataElxsi #investors https://t.co/KM2W83OI51 pic.twitter.com/pUElD6Mdb3
— Gopal Kavalireddi (@gvkreddi) December 28, 2020
these low-volume pullbacks after the breakout are a common occurrence. However, what is more, important is the stock's reaction after a pullback. It must bounce back within a few sessions strongly to scale up the size.
Tata Elxsi https://t.co/HGCzOz1ALI
Tata Elxsi https://t.co/HGCzOz1ALI
Correction \U0001f447
— The_Chartist \U0001f4c8 (@charts_zone) March 20, 2022
During upward breakouts, I have to consider price targets and not %age targets. Therefore the target comes out to be 8540 and not 8900 as mentioned before.
The chart stands updated.
Tata Elxsi https://t.co/sdP9X1s9qs pic.twitter.com/Gmhn3OYiNA