Tata Elxsi – End of Correction?

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Tata Elxsi – End of Correction?Tata Elxsi LimitedNSE:TATAELXSISpiderChartMarket always moves in Impulse → Correction → Impulse cycles. And looking at Tata Elxsi, it seems that the corrective phase (A–B–C) might just have completed. 📈 Elliott Wave Observation: The entire move appears as a clean A–B–C correction after a strong impulse. Wave B looks sideways, forming a smaller a–b–c structure within it. Correction has retraced more than 50% of the previous impulse move. Time-wise, the correction has taken longer than the impulse, which often signals exhaustion of correction. Multiple confluence factors align, suggesting a potential start of the next impulse phase. ✨ Early signs of strength could validate this view — if confirmed, Tata Elxsi might be gearing up for its next leg up. ⚠️ Educational purpose only. Not a buy/sell recommendation. Markets involve risk — always do your own research before investing.