Piyush-Gupta

TVSMOTOR, VOLUME SUPPORTED BREAKOUT (CHART# 379)

Long
NSE:TVSMOTOR   TVS MOTOR CO
2399 views
82
TVSMOTOR has given good breakout on Friday and closing was also good. As this has closed at 499 (near to 500 which is psychological level), on Tuesday keep this on radar for long trade. Following 2 scenarios can happen on Tuesday.
1. This opens minor gap up & continuously move up, then wait for it to cross 512 to take trade.
2. This open gap up move down. In such case if this take support at previous resistance TL (490) and start to bounce, then it can be good trade till 512 as Target 1.

Please note, we should always trade with trend to have higher probability of success.

Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.

Thanks
Piyush Gupta
If you wish to learn & earn, then join telegram channel https://t.me/priceactionchart

For Alert Tool & Course details visit https://sites.google.com/view/priceactionchart

Whatsapp : 9717077198

Comments

lovely sir . been holding from 445 , will it cross 512 or shall i exit at 512 ? Is it advisable to add more shares or stick with what im holding ?
+3 Reply
Inv H and S pattern BO. Looks good positional as well. Good find sir.
+1 Reply
This seems bullish , will track it
Thank you for sharing
+1 Reply
Nice bo
Reply
Super chart.
Reply
Great chart. On my radar too.
Reply
superb chart sir.will keep this on radar for tomorrow.thanks for sharing sir :)
Reply
Thanks for your kind support sir🙏🙏🙏
Reply
Aap ke diye gyaan se to koi new trader bhi paia bana lega ,superb boss .
Reply
Excellent chart and analysis, all points covered
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out