Tata Elxsi

TATAELXSI (1713)-  So for, low was arrested at 1636 and consolidating in the last three days. 

so now last hope and support 1660-1630

If stays above that 

Pull back  target 1850-1880  & 1990-2020

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But in case trade and stays below 1660-1630

next in down side 1380-1350

and  below that 

ULTIMATE DOWN SIDE TARGET 1030--970

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Note : It seems major rally was over in this stock last year itself, so this year it is going to be give time correction but with wide swing.

Lot of wide trading swing will be there and  will not be any meaningful rally unless major development in the company side.