Buy TVSMotor Positional

TVSMotor looks good to buy for a short to medium term target of 500/511/520/530/560 with a closing stoploss of 460

Comment:

Disclaimer: Objective of this post is to educate and help all members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock picks are momentum picks chosen using technical indicators and for education purpose only. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.

Comment:

Stock made high of 523.25. It tried to test its support level of 460 before that. First 3 targets 500/511/520 already met. Good to convert to covered call and hold for target of 560. Otherwise partially book profit.