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manavtechresearch
Nov 4, 2019 9:06 AM

BTST TRADE IN TVS MOTORS !!(FUT)!! Long

TVS MOTOR CONSE

Description

BTST IN TVS MOTORS
VIEW
:-TVSI AFTER A GOOD UPMOVE SAW CORRECTION AFTER RESULTS
:-ITS FIRST TIME TEST OF 200-DMA LOOKS SUCCESSFUL
:-FIB0 LEVEL OF 38.20 LOOKS GOOD FOR ENTRY
:-GOOD RISK TO REWARD RATIO

TRADE IN 28TH NOV CONTRACT
BUY@458
STOP@452
TARGET 1@470
TARGET 2@478
LOT:1100
QTY:3

Trade closed: target reached

BOOKING TWO LOTS @465
TRADERS HOLDING FOR HUGE TARGETS MAY USE BUY PRICE AS STOP LEVELS NOW
Comments
VinayJain
Hi sir,

what are further expectations from tvs?
any view please share
holding long position in it's option
it's looking very week to me
should i exit?
manavtechresearch
@VinayJain, its holding its 50.00% on fibo charts so we can wait and see
manavtechresearch
@VinayJain, i could suggest a trade here but on vacation will not be able to track it but if you are keen buy around 445-48 stop around 435 target well next round of rally might take it above 480
but dark cloud cover visible
so lets see need courage and mentality to hold
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