Tata Elxsi is a buy: Hemant Kale, Maia Financial Services
The long-term averages, which were facing downwards, are now turning upwards.
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| Hemant Kale, MD, Maia Financial Services, in a chat with ET Now talks about Tata Elxsi.
What do you expect from Tata Elxsi?
If I analyse the chart patterns of Tata Elxsi, the position tells me that the traders are positive about this stock. The long-term averages, which were facing downwards, are now turning upwards and moving towards compressions which tell me that there could be some good developments in the stock in the coming future. So you can buy this stock at current price, keep a stop loss of 269 and have a target of around 310.
If I analyse the chart patterns of Tata Elxsi, the position tells me that the traders are positive about this stock. The long-term averages, which were facing downwards, are now turning upwards and moving towards compressions which tell me that there could be some good developments in the stock in the coming future. So you can buy this stock at current price, keep a stop loss of 269 and have a target of around 310.
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