Stop loss: Rs 24
Target: Rs 50
Lot size: 800
We have seen long positions being built in Tata Elxsi futures today where open interest rising by over 10%
Stock price closed at 52 week high today indicating strength in the stock.
Midcap technology stocks have been showing traction since last few days
Momentum Indicators and oscillators are Indicating strength in the stocks
Disclaimer: The analysts may have position in the stock mentioned above.