Wednesday, March 10, 2010
TATA ELXSI - BUY - CMP Rs.299
Tata Elxsi has shown breakout of symmetrical triangle pattern as shown in above chart. Volumes have increased from 108 K shares to 487 K shares on breakout. Fundamentally also this is a good stock to hold and can be a part of an investors longer term portfolio.
Target : Rs.345
SL : Rs. 285
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