Buy TVS motors above 1152 with 5 mins candle confirmation breakout at 1147 level, hold the long position for targets of 1200/ 1230/1272//1293. Maintain a stop loss of 1118. This will be a positional trade for a short term view.
Channel trading is an underrated chart pattern trading method, used in the continuation of an established trend, as part of a trend following strategy. The channel offers traders precise points of entries and exits from the market. A channel forms when price action controlled by two parallel trend lines tested each of these lines at least twice.
TVS Motors is looking like it will come to retest it support of 1100 and may break it comfortably to test 1000 Only rational behind it is the huge RSI divergence View violated if breaks out RSI trendline
Ascedning channel and resistance breakout in TVS Motor Follow strict risk rewards and stop loss Thanks, Vichithra
buy only above 1130 target 1200 targtet 1265 target 1315 stoploss 1045
TVSMOTOR has took support from daily timeframe and in 15 min Timeframe it has tested resistance multiple times ,now it could break the resistance and then after retest we could see an upside continuation momentum. Thank you!
Clean uptrend on TVS. Too late to do anything here Just for illustration
tvs motors a very interasting chart formation the share multiple time make rounding pattern and take support in every time, if you know the power of trend line this is the perfect example.
Considering the bullish momentum in Auto was expecting a pull back in the sector from the recent top however closing above previous high and new ATH has been established so there is a long way to go with a key support of 1014. Disc - views are personal trade accordingly.
TVS Motors broke multi year resistance and ready to go higher.. it is trading in its 52 week high range and aiming to go higher and higher..
Bearish Harmonic Pattern Established, possible targets mentioned in the chart Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be responsible for any profit/loss you incur...
Auto sector is in bullish momentum considering the hype around electric vehicles and reducing steel prices. TVSMOTOR is looking very bullish and looks like a good positional trade. It is very close to its ATH of approx 814 and is currently on the verge of giving ATH weekly closing.
Current Area (930-950) stand s as an important junction Break n sustain on any side will give the stock direction further Any side breakout can give opportunity wit other as SL
TVSMOTOR NSE is bullish if 864 holds. NEW 52WEEK High. Fresh Breakout. Positive Trend. Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
watch closely for the trading opportunity after breakout
A decline in the stock is expected. should start by tomorrow. IN case the same does not happen then we are dealing with the last fifth of the fifth wave which will be over in 2 to 4 trading days. All the best.
Bearish Harmonic Pattern Established, possible targets mentioned in the chart Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be responsible for any profit/loss you incur...
TVSM could be at the beginning of forming the Right shoulder of Head and Shoulder Pattern. That means the price may drop in short term to 748-710 levels. If this pattern is formed successfully, the price of TVSM can move upwards to 1280 level. Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own...