#Tata ELXSI making cup&handle pattern, 27% upmove possible?

2023年11月10日

TATA elxsi on weekly time frame has made nice cup & handle pattern. And if we calculate the depth of this range then we can expect around 25-27% upmove till 10000/10294. Off course there are multiple resistances at 1) 8627 2) 8953 3) 9420(important FIB resistance) where booking some profit or trailing SL will make sense for me. Let's if this stock can give some fireworks on upside or not.

Happy Diwali everyone :)

2023年11月18日

交易开始

This week made high of 8576

2023年12月12日

交易开始

2nd target also achieved, now bringing trail SL of remaining qty at 8300

2024年2月7日

交易结束：到达止损

thankfully TSL of 8300 was placed which was hit and now price is at 7641. Now waiting for it stay at current level and then break out to initiate new longs