TVS Motors - Double Bottom

Updated
TVS Motors has. made a double bottom and has also broken the downward trendline. We can expect the price to move towards 2500+. Other factors:

1. RSI is improving, once it moves above 60, a good bullish sign
2. MACD is improving
3. Volumes are steady
4. Highest TTM sales, operating profit & Net profit
5. Sales growth by 23% in Jan'24 month

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2138 and move is on..Cheers!!!
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From 2300+ it has retraced to restart the move...Cheers!!!
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From 2500+ it retraced to move up again..Cheers!!!
Chart PatternsDouble Top or Bottom

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