srikartiram

TVSMOTOR | Small swing opportunity - W pattern for 12%

Long
NSE:TVSMOTOR   TVS MOTOR CO
TVSMOTOR | Small swing opportunity - W pattern for 12%

CMP : 585
SL : 559
Target : 657

Simple 1:2+ risk reward setup

Comments

Secured its position with Hammer

+2 Reply
Sir sl is likely to hit shud I hold the position..
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@Dk1986, If today's low is taken out in 30 min's candle tomorrow, please exit.

Reply
Sir why SL is so wide? Why not at 575?
Sorry I have just started learning so asking questions.
Reply
srikartiram ChetanBSonawane
@ChetanBSonawane,

Do you see this trendline? I considered that as a support. I keep SL with some buffer and below some important zones.
+2 Reply
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