TATA ELXI - Eyeing for 50% upside

1. As per the price formation expecting a W type formation.
2. Has the potential to reach to ATH from here.
3. RRR is favourable.

Trade Plan:
1. ENTRY = CMP
2. SL= 10%
3. TP = As marked in the chart.

- Stay tuned for further insights, updates and trade safely!

- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!


Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.

Thanks & Regards,
Anubrata Ray
Note
The View Remains the same but still buying strength is lacking. Until price crosses 7000 buying strength will be less. With 7% SL aggressive entry can be made!

snapshot
Note
Move started as per expectation.

snapshot
Chart PatternselxiindianstocksswingtradingTrend Analysis

Anubrata Ray ⚡
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