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NeeteshJain
Sep 22, 2016 4:07 PM

TVS Motor - Breakout of Diagonal Wedge + Uptrending Channel Long

TVS MOTOR CONSE

Description

It is been observed that the price action breaks through the preceding diagonal wedge and also trending up in a uptrend channel. It shall move further up from the current price action. It may also be consider a a long term investment from now onwards as it breaks monthly resistance levels of 341 today.

Next Target: 365
Stoploss: 330


It is good to be back on tradingview after 4-day break from a Viral. Hope you all are doing well and heathy.

Regards,
Neetesh

Comments
WaveTalks
Hope you are feeling good at the moment
NeeteshJain
@QuestionMode I meant Rising Wedge
NeeteshJain
@AbhiShek Yes I'm feeling better now. Thanks. Hope you're doing well too. Regards
WaveTalks
Yes. Have a nice weekend
Vijendra_Shid
Thanks, very useful insight. I'm new in the stock market business, gaining knowledge wherever I can. :)
NeeteshJain
@Vijendra_Shid You're at the right place, you will learn at lot from different traders in here. Regards
QuestionMode
What is this Diagonal Wedge @Neetesh Bro?
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