TATA ELXSI LTD

Tata Elxsi - at what levels to add? what could be its targets?

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Tata Elxsi has been in a Consolidation phase for the last 3 months as seen below in a range between 7450 - 6992
The Green line indicates its support levels on a downside and possibilities to bounce at any of these levels
A Good opportunity to Add on dips at the Green Levels.

Targets
Tata Elxsi would need to break 7445-7450 levels to see levels of 8500-9000 as target.

Keep in mind the long the Consolidation the bigger breakout we will get to see so be positive and keep adding at dips :)

Penafian

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