Archive · 7 Jun 2025
Tata Elxsi Call Options: Buy or Wait?
Imagine you're thinking about investing in a company called Tata Elxsi.
Right now, the stock price is going up.
An expert says it's okay to buy options, which are like bets on whether the stock will keep going up.
However, instead of buying right now, you could either wait for the stock to go higher than a certain price, or wait for the stock price to drop.
If the stock goes up a lot, you might make money.
If the stock price goes down, the advice is to sell your bet.
The advice is current as of June 5, 2025.
Tata Elxsi stock has been in an uptrend since April 21.
The stock recently consolidated between ₹6,360 and ₹6,535.
Buying call options is considered as the stock retains the uptrend.
Consider buying the 6500-call if the stock breaks out of ₹6,535.
Exit all long positions if the stock price falls below ₹6,100.
- Who
- T C Rajashegaran, an expert in derivatives.
- What
- Advice on Tata Elxsi call options.
- When
- The advice is current as of June 5, 2025.
- Where
- Not applicable.
- Why
- To provide guidance on whether to buy Tata Elxsi call options.
- Current Tata Elxsi Stock Price
- ₹6,473
- Stock price rebound started from
- ₹4,800
- Recent High
- ₹6,535
- Recent Consolidation Range
- ₹6,360 - ₹6,535
- Possible Support Levels
- ₹6,240, ₹6,100
- Recommended Option Expiry
- June, July
- Exit Longs if price falls below
- ₹6,100