Tata Elexi in All Time High .. Get Instant Profits!

Tata Elexis Limited, a provider of system integration, software development and hardware technology services, is reaping the harvest of investors. The company’s stock is dusting off in Wednesday trading. It recently touched an all-time high of Rs 6900 and rose by about 8%. Tata Elexis is performing well compared to other companies in the sector. In addition, the stock has been above average volumes for the past five days. With a market capitalization of Rs 42,300 crore, Tata Elexis is one of the strongest midcap companies in the IT sector. This stock indicates bullishness in the short to medium term. The stock took its 100 DMA support at 5,500 levels. From there the stock continues to grow. The stock has risen more than 17 percent so far in January. It has delivered 157 per cent returns to its investors over the past year. It refers to this stock quality. The stock is offering signs of further growth in the future.

Also Read:

Strong uptrend ..All technical aspects indicate this stock bullishness. The stock RSI has entered the bullish zone. In addition, the trend indicator ADX27 has risen above. This indicates a strong uptrend to the stock. All the key moving averages are facing the stock uptrend. The Mansfield Relative Strength Indicator indicates that this stock outperforms the market. The stock is expected to grow further in the future with this bullishness. Traders are likely to consider this stock to reap immediate benefits.

For more details like this, subscribe to Dalal Street Investment Journal, India’s No.1 Equity Research and Investment Magazine. You can subscribe by clicking on this link.Note: The above content was created on behalf of the Dalal Street Investment Journal. TIL has nothing to do with what is expressed or implied in it or anything else. Please note that it is best to take all necessary steps to ensure that the information provided is correct. It is advisable to seek the advice of an investment expert before investing.Disclaimer: This above is third party content and TIL hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not guarantee, vouch for or endorse any of the above content or its accuracy nor is responsible for it in any manner whatsoever. The content does not constitute any investment advice or solicitation of any kind. Users are advised to check with certified experts before taking any investment decision and take all steps necessary to ascertain that any information and content provided is correct, updated and verified.

Also Read: