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Tata Elxsi Ltd.

Discussion in 'Technical Analysis' started by vishuhd1, Jan 1, 2014.

  1. vishuhd1

    vishuhd1 Member

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    Software Engineer in IBM, Bangalore
    Needed some thoughts from all of you on Tata Elxsi…

    I see that this stock had a stellar run from 167 levels to 417 levels in the span of just 3 months i.e. Oct to Dec… The stock is still having some steam as the volumes traded are huge on a daily basis…

    I see that the stock prices are just going up without much of consolidation in between… But, if we keep on waiting for consolidations to happen, which seems like not happening, then we will certainly lose out on making good profits..

    So, what do you people suggest in a scenario like this?… How should we approach trading in such stocks?…
     
  2. shabbir

    shabbir Administrator Staff Member

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    See your ROI and everything else can be taken care of.