Tata Elxsi - Pennant pattern formation with 30 DEMA support. - Volume and Price contracting within the pennant triangle. - On the verge of breakout, prefer with good volumes. - Can go long on breakout of pennant triangle. - On weekly chart, stock in Stage 2 uptrend, this pullback may be an entry opportunity in uptrend for traders. Only for educational purposes. Not a recommendation.