TATAELXSI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | TATAELXSI | Market Cap | 25,728 Cr. | Current Price | 4,130 ₹ | High / Low | 6,735 ₹ |
| Stock P/E | 37.0 | Book Value | 488 ₹ | Dividend Yield | 1.82 % | ROCE | 29.9 % |
| ROE | 23.6 % | Face Value | 10.0 ₹ | DMA 50 | 4,476 ₹ | DMA 200 | 5,138 ₹ |
| Chg in FII Hold | 2.52 % | Chg in DII Hold | -0.89 % | PAT Qtr | 220 Cr. | PAT Prev Qtr | 159 Cr. |
| RSI | 39.0 | MACD | -64.4 | Volume | 2,80,691 | Avg Vol 1Wk | 3,98,239 |
| Low price | 3,966 ₹ | High price | 6,735 ₹ | PEG Ratio | -13.4 | Debt to equity | 0.05 |
| 52w Index | 5.91 % | Qtr Profit Var | 27.8 % | EPS | 101 ₹ | Industry PE | 21.6 |
📈 Chart Patterns & Trend: TATAELXSI is trading below both 50 DMA (₹4,476) and 200 DMA (₹5,138), with current price at ₹4,130. The stock has declined sharply from its high (₹6,735) and is consolidating near support levels. Trend bias is bearish-to-neutral in the short term.
📊 Indicators: RSI at 39.0 indicates oversold territory, suggesting possible short-term bounce. MACD negative at -64.4 confirms strong bearish momentum. Bollinger Bands show price near lower band, reflecting selling pressure.
🔎 Volume: Current volume (2.8 Lakh) is below average weekly volume (3.9 Lakh), showing weak participation and lack of conviction.
🎯 Entry Zone: ₹4,050–₹4,100 (near support and oversold RSI)
🚪 Exit Zone: ₹4,450–₹4,500 (resistance near 50 DMA)
Positive
- Strong ROCE (29.9%) and ROE (23.6%) highlight operational efficiency.
- Quarterly PAT growth of 27.8% (₹220 Cr. vs ₹159 Cr.).
- EPS of ₹101 supports earnings visibility.
- Dividend yield of 1.82% adds investor appeal.
- FII holdings increased by 2.52%, showing foreign investor confidence.
Limitation
- Stock trading below both 50 DMA and 200 DMA reflects weak technical strength.
- RSI and MACD show bearish momentum.
- DII holdings decreased by 0.89%, showing reduced domestic confidence.
- PEG ratio of -13.4 indicates poor valuation alignment with growth.
- 52-week index gain of only 5.91% highlights limited upside.
Company Negative News
- Weak technical momentum with RSI below 40 and negative MACD.
- Decline from highs (₹6,735 → ₹4,130) shows sustained selling pressure.
Company Positive News
- Strong quarterly profit growth supports earnings momentum.
- Foreign institutional investors increased stake significantly.
- Dividend yield provides investor support.
Industry
- Industry PE at 21.6 is lower than TATAELXSI’s 37.0, highlighting premium valuation.
- IT product design and engineering services sector outlook remains positive with global demand for digital transformation.
Conclusion
TATAELXSI is consolidating near support with bearish short-term signals from RSI and MACD. Entry near ₹4,050–₹4,100 offers tactical opportunity, with exit around ₹4,450–₹4,500. Fundamentals remain strong with efficiency and dividend support, but weak technicals and valuation concerns require cautious positioning.
Would you like me to also prepare a short-term intraday setup for TATAELXSI, with tighter entry/exit levels and stop-loss triggers, alongside this swing/investment view?