TVS Supply Chain Solutions (TVSSCS) is the new listed IPO and few days ago broke out of its listing day resistance with great volumes and rose 28% in 3 days! Then it fell by 15% in next 4 days. Now it is taking support at 10EMA. Lets see if it will now rise again with momentum.
NSE:TVSMOTOR TVSMOTOR looking stagnant and exhausted on major time frame, if gives daily closing below 1220, then we can expect retest of 1174/1168 zone by next week. currently 1220 should act as support to hold the price in sideways.
MRF: The counter is set to become the first company to kiss 1 lac figure/ share
the counter is in a visible uptrend and has strong support at 93000-94000 ZONE
and as long as it holds support areas, it is likely to move beyond 1.10 L
P/E is 39.42
Debt / Eq 3.68
Fundamentally it's weak stock it will not sustain this level, during recession period. Go for SHORT.
Strongly exit long positions; it is highly dangerous to keep holding this stock as per fundamental analysis.
After the completion of the rounding pattern or bowl pattern from the level of 800 its continuously in the bullish form making higher highs pattern.
Now it's showing the exhaustion so we can see some profit booking here either it can move for buying if it crosses the channel right now it just breakdown the major trendline followed by it from the level of 800...
TVS motors has finished the distribution phase and now will prepare for uptrend.
Please keep strict stoploss here and enter if you want to for more than 1:2 RR
But once 1:2 RR is achieved then bring you SL To cost and book 50% profits
TVS Electronics Ltd (TVEL)
TVS Electronics Ltd (TVEL) now breakout level with strong price action, strong bullish trend if it cross 255 then go for long, next target 260,275,290
this stock will do well when nifty50 fell down side. RSI above 76 good to buy .
TVS Motor Company Ltd (TVSM) is engaged in manufacturing two-wheelers and its accessories; it currently manufactures a wide range of two-wheelers and three-wheelers.
Industry: Automobiles - Motorcycles / Mopeds
1. Eicher Motors
2. Hero Motocorp
3. TVS Motor Co.
4. Wardwizard Inno.
📈 TVS Motors 📉
My Findings :- Breakout from a Resistance Zone in third attempt with a strong green candle.
Target- 709, 754 and 813
RR- 1: 2.5
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
TVS MOTOR CO intraday 15 min chart
>> Trendline support seen
>> strong resistance breakout seen at above 578 level closing seen above breakout line
>> RSI , MACD bullish
BUY TVS MOTOR above 582 intraday
TARGET 1- 590
TARGET 2- 600
stop loss 568
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk.!
HAPPY TRADING. !!