Tata Elxi Long

23 באוג׳

TATAELXSI has broken out on the weekly charts
IT sector will benefit alot in the future if rate cuts are going to take place in the US
Target: 9000
Further target: 10000+
Stop loss: 8350

Long term trade, even a no stop loss and adding on the dips would be good

Risk: Expectations of the Fed notbeing able to provide a "Soft landing" would result in the markets tumbling which would result in the stock going towars our stop loss level