Tata Elxsi Ltd – Technical & Fundamental Insight

🔹 Technical View: Tata Elxsi is trading in a short-term downtrend, with lower highs and lower lows indicating selling pressure. The latest green candle near ₹3,130 suggests a possible recovery attempt, but reversal confirmation is still pending. RSI near 38 indicates weak momentum, while MACD remains in negative territory. Key Levels: 🔼 Upside: ₹3,280–₹3,380; extended ₹3,520 🔽 Supports: ₹3,000, ₹2,940 and ₹2,790 🔹 Fundamental Snapshot: Tata Elxsi operates in design, digital engineering, automotive software, healthcare and media technology. Long-term prospects depend on revenue growth, margins, order inflows and reasonable valuation. 💡 A sustained close above ₹3,280 with strong volume may improve the outlook. A break below ₹3,000 could invite further weakness. ⚠️ For educational purposes only. Not a buy/sell recommendation.