Tata Elxsi – Range Breakout

After being locked in a range of 1140-1260 for more than a month, Tata Elxsi TATAELXSI has finally broken on the upside yesterday.

I can see that it formed a large bullish candle with good volume yesterday.

Good opportunity to buy here with stop loss a few points below 1260 for another cycle of upmove.

Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
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