Caapinves

TVS - CUP and Handle - Long

Long
NSE:TVSMOTOR   TVS MOTOR CO
The TVS group has formed cup and handle pattern
and the script was reached 38.20 as per the Fib Extn.

The script has already closed above the monthly resistance of 501
As per EMA 20 the script has taken support
and the script will close the handle above 520 we can go for Long

Entry - Above 520 ( Closes in Daily Time Frame)
SL - 499
Target - 571

Disclaimer: Kindly do your own analysis before executing the Trade.

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