#TATAELXSI stock is in an ascending triangle formation
The stock is getting resistance near previous all time swing high of 9420
RSI & MACD strong
Volume good in upmove
If it breaks & sustains above 9500, we may see 12500 over time
#stocks
Not trading call, academic post
More from Techno Prince
#LTTS
#LLTS Weekly chart shows the stock is recovering from 61.8% fibonacci pullback of last major rise
— Techno Prince (@Trader_souradep) July 24, 2022
Daily chart shows a a rounding bottom , daily RSI bullish
If it sustains above 3500 it can move towards 3900+ levels and later towards 200 DMA 4480#Nifty pic.twitter.com/6ebtfLMJZd
More from Tataelxsi
Tata Elxsi - One more base formation. If you pick books written by legends, all says once a stock makes 4-6 bases, the maximum juice is out of it. However, with my chart reading, I am observing Indian market is too different. must follow the price. https://t.co/1nqNu4kouk
Sir tata elxsi??
— NITISH KUMAR OJHA (@nkoiiiiiii) October 1, 2021