Cup & handle Pattern in TVS MotorsI can see a Cup & handle pattern in TVS motors. Also 648 level is working as a strong resistance. Sustaining above this level may move towards a good upside till 1050 in new few months or a year.
Tvs
Simple Safe Trade Setup | TVS MOTOR |NSE:TVSMOTOR
Simple Safe Trade setup for TVSMOTOR.
1) On 1 day time frame, it took support from 10DMA and closed just below critical level of 580.
Please refer below chart : 1day Time Frame.
2) On 1 day time frame, it has made spinning top candle with high of 590 level and low of 570 level.
Please refer below chart : 1day Time Frame.
Trade setup mentioned on chart is for safe trade only.
Avoid gap up or gap down chase. Wait and trade between levels.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
TVS Motors Company Ltd Increasing Triangle pattern
The blue lines are the support zone and the red line is the resistance level.
If it breaks the redline and maintains it can achieve our target. The target is the green line.
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ENTRY: If this breakout will reach candle high and keep it then we will enter.
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STOPLOSS: SL is below the Breakout candle low.
TVS motor longNSE:TVSMOTOR
Possible good risk to reward trade on TVS motor.
took the trade at 600 with SL at 591 in futures chart.
Reasons:
-1hr rejection candle at the important support area.
-Bullish rsi divergence in 1hr chart.
-Price at very imnportant demand zone for the stock.
-very small SL for the trade.
Targets:-
book 30% qty at 617 1:2 risk to reward.
will be holding the remaing quantities for weeks until a major -ve sign arrives
TVS motor rectangle patternNSE:TVSMOTOR
again approaching the important level. watch this stock at the bottom line for reversal or breakdown. possible trade with small SL
TVS MOTOR 🏍️🏍️Looks good for a quick option.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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BIDG MONEY IN INTRADAY AND SHORT TERM GAINS - TVS MOTORS
TVS Motors now giving break-out on daily and weekly basis. Break-out above 662-665 zone. target 705-775. Support near 626 and 640. The analysis is done only for educational purpose. Kindly do your research before taking any trading call. NSE:TVSMOTOR
TVS Motor - Falling Wedge- Waiting for breakout.. Gap up expected in TVS Motors. expected to test the level of 645
HDFC, SBIN, KOTAK, EICHER, TVS LEVELS.BREAKDOWN LEVELS
HDFC LTP 2415.9
HDFC target 2362
HDFC has a support at 2405 which is very crucial as it is a a break down level.
SL 2442
SBI LTP 329.5
SBI target 310.
SBI has a support at 320.5 which is very crucial as it is a a break down level.
SL 340
KOTAK LTP 1697
KOTAK target 1606
KOTAK has a support at 1676 which is very crucial as it is a a break down level.
SL 1732
EICHER MOTORS LTP 2340
EICHER target 2280
EICHER has a support at 2340 which is very crucial as it is a a break down level.
SL 2385
TVS LTP 536.95
TVS target 500
TVS has a support at 528 which is very crucial as it is a a break down level.
SL 547
🏍 TVS motor 🎯NSE:TVSMOTOR
short only if find reversal in this current PRZ. PRZ( two red dash lines).
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
TVSMOTORS - Double TopNote: This is for educational purpose only.
There seems to be a strong supply at resistance level confirmed by long wicks.
TVSMOTOR: AnalysisKeep an eye on TVS motors. TVS MOTOR is expected to move upwards as market sentiment is positive as well as it has taken support on the daily timeframe support levels. If this support level breaks with good volume I will prefer too short. At this point in time, it has made a bullish engulfing candle at the end of the support levels there is a possibility that it might continue its trend moving upwards in the upcoming few days. In addition to that, it has taken support on 200 EMA and trading above it which conforms to positive momentum.
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Calculate your RR Ratio and then trade, always trade with an affordable stop loss.
#tvsmot #tvsmotor #nifty50 #nifty #niftyauto #Learn_Apply_growNSE:TVSMOTOR
one can short till PRZ level as per their trade setup and if find reversal from PRZ level then one can long from der as well.
#Learn_Apply_grow
TVS Motors - Long Term Positional BuyTVS Motors has come out of downtrend and is likely to continue positive momentum. Targets are 575 and 783.
TVS MOTORIm not an expert im just sharing my views on TVSMOTORS for tomorrow
Im not responsible for any profit or loss this is not a recommendation
TVS is fetching profits from past 3 days (8th July 2020)It is satisfying all the rules which we follow to take a trade :
1. Always buy/sell with the trend.
2. Always wait for the last kiss/breakout.
3. Always buy the second candle after retest.
Please follow the stop loss as intraday is all about minimizing losses and maximising profits !!
Feel free to follow me on Quora (Jago Niveshak) for daily calls and screenshot updates for these trades.
TVS Motor will be a BUY only if (Stock for 7th July 2020)The RSI is also in the overbought (>70) zone and hence once it rechecks the marked level in the chart one can easily take a BUY call.
Target : 3%
Risk : 1%
Risk : Reward : 1:3.
Will keep updated here. Do follow to keep motivating you !
Also you can follow me on Quora (Jago Niveshak )where I will explain the whole setup and levels to BUY for two stocks for 7th July 2020
