Based on the pattern observed on 21 Aug, it appears that TVS motors is entering a corrective phase .. The evolving pattern appears to be flat/ extended flat ... Wave a and b have been marked on the chart and wave c is in progress. On 24 Aug, wait for retracement to 455-457 levels and look to short with target of 446 ... SL would be 461.50
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.