nextgen

TVS Motor Co. seems to retest 351.90 level again.

Short
NSE:TVSMOTOR   TVS MOTOR CO
TVS Motors after breaking its bullish channel has turned bearish , it is technically looking week to break upward resistance. It has retarced to crucial 50% fibo level and may go upward but before upward it seems to be looking to retest the 50% level again around 350.00, traders may go short in this stock with a target of 350 again and then go long if doesn't break the 350 level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.