TATAELXSI - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Rating for TATAELXSI: 2.7

🔍 Intraday Trade Suitability

Momentum Indicators: RSI at 42.8 is weak and below neutral, suggesting limited upside. MACD at -40.2 confirms bearish momentum.

Volume: Current volume (1.14L) is slightly below the weekly average (1.23L), indicating subdued interest.

Price Action: Trading below both 50 DMA (₹6,179) and 200 DMA (₹6,327), showing short-term weakness. The stock is far from its 52-week high and struggling to hold support.

📉 Conclusion: TATAELXSI is not a strong candidate for intraday trading today. Weak momentum and low volume suggest limited upside potential. Only suitable for contrarian scalpers with tight stop-losses.

💰 Optimal Buy Price (If Attempting a Reversal Trade)

Buy Zone: ₹6,050–₹6,070 (near intraday support)

Confirmation: Enter only if price stabilizes above ₹6,090 with volume > 1.5L in the first hour.

🎯 Exit Levels

Scenario Price Level (₹) Strategy

Profit Booking ₹6,120–₹6,145 Minor bounce zone; exit quickly

Stop Loss ₹6,030 Below support; exit fully

Trailing Stop ₹6,110 Use if price crosses ₹6,120

🕒 If You Already Hold TATAELXSI Today

Exit on Weakness: If price breaks ₹6,050 with rising volume, exit immediately.

Exit on Strength: If price rebounds to ₹6,120+, trail stop-loss and exit near ₹6,145.

Watch for Reversal: RSI rising above 45 and MACD flattening may hint at a short-term bounce—exit near ₹6,110 if momentum fades.

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