#TATAELXSI-7993
Weekly chart.
Trend line breakdown witness on weekly chart. Same face #resistance at 8822.
#Exit_strategy cash on hand, even if you don't want.
Weekly closing below 7294 put all set for downside.
#Probability
More from Waves_Perception(Dinesh Patel) मैंSchedule Tribe)
#ASIANPAINT-2931
— Waves_Perception(Dinesh Patel) \u092e\u0948\u0902Schedule Tribe) (@idineshptl) March 3, 2022
Trend down.
Weekly chart. Fibonacci retracement level shown in chart.
Near term 0.236% and 0.382% Fibonacci retracement level likely to be tested.#Perspective pic.twitter.com/cWJ0qaqDhK
What a beautiful picture
#Wow
एक कलर #लाल भी है
More from Tataelxsilongterm
This is line chart based arc I plotted a few days ago to see where does the target of 2nd arc completes. We got ~9200(+/- 100/-) Switch to candles. See rejection area. Arc on candles is not really ideal but on line it is. No view above 9200! MAs need to catch up. #TATAELXSI pic.twitter.com/WNJRZZedrj
— Ameya (@Finstor85) March 30, 2022
1. Long term channel top.
2. Curvature shift of 20 and 50 WMA along with price hitting 20 WMA frequently.
3. Overall weakness in IT sector.
4. For reference, study reliance top in August 2020, study Nasdaq Weekly chart and the top made in Nov 2021.
#tataelxi https://t.co/RmJa5LrdAP
I have traded the current fav Tata Elxi from 2200 to 4500. No regret on missing out rest of the move because I am not an investor. Now there are many technical red flags. I might be trolled but 10.5k looks max target while 5k or 3-4 years of sideways looks inevitable.#tataelxi
— Aakash Gangwar (@akashgngwr823) March 26, 2022