TVSMOTOR, ROUNDING BOTTOM BREAKOUT WITH PULLBACK. HIGH PROBABLE

Jul 4, 2020

TVSMOTOR formed nice rounding bottom pattern and has given Breakout at 390 levels. Stock moved up to 397 and then did classic pullback and continuation.
It is strong bullish above 397 and once 400 hurdle is crossed, upside can be seen in it. Keep it on your radar for Monday.

Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need.
Reach out if you wish to learn simplest form of price action and willing to put effort in practice.

Cheers!
Piyush Gupta

Jul 6, 2020

Trade closed: target reached

Sailed smoothly to 410+

Solid 3% move captured.