srikartiram

TVSMOTOR | Breaking solid resistance, Looks good for 25%

Long
NSE:TVSMOTOR   TVS MOTOR CO
TVSMOTOR | Breaking solid resistance, Looks good for 25%

CMP : 490
SL : 450
Target : 600

Almost 1:6 risk reward, weekly pattern.

(P.S : I see similar pattern in BHARATFORG too)
Comment: INHS pattern

Comments

Amazing!
+1 Reply
Great analysis Sir..always to the point..thanks
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Sir, is there a way to estimate the time period required to achieve the target?
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@ZuDa999, Please don't time the market. Nobody can time it. This is a weekly time frame i used. Based on my experience, it could take 2-3 months to deliver result. But now market is highly liquid and volatile. So it can give us move even before that.
+1 Reply
ZuDa999 srikartiram
@srikartiram, thanks for your reply. Appreciate you taking the time to reply.
Reply
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