- Weekly Chart Analysis – TVS Electronics Limited (TVSELECT)
The stock has broken out above the ₹550–₹560 resistance zone, which had been holding for several years.
After a strong breakout, the price retested the breakout zone and is now showing bullish continuation with healthy volume.
Chart Insights:
Multi-year breakout confirmed on weekly timeframe
Price structure forming higher highs and higher lows
View:
If the price sustains above ₹580, momentum may continue toward higher levels in upcoming weeks.
⚠️ Disclaimer:
This post reflects my personal analysis and learning purpose only.
It is not financial advice or a buy/sell recommendation. Always do your own research before taking any trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.