TVSMOTOR Analysis on Daily Timeframe!
Ascending Triangle Pattern in TVSMOTOR!
Resistance Breakout in TVSMOTOR!
TVSMOTOR has made an Ascending Triangle Pattern on Daily Timeframe. It has given a decent gap up breakout to it's resistance trendline before that price is making Higher Low's and formed an Ascending Triangle Pattern. TVSMOTOR tasted it's resistance...
NSE:TVSMOTOR TVS Motor Company is an Indian multinational motorcycle manufacturer headquartered in Chennai. It is the third-largest motorcycle company in India in terms of revenue. The company has annual sales of three million units and an annual production capacity of over four million vehicles.
TVSMotor formed Bearish engulfing candlestick pattern after an...
Classic exhaustion signs in leading Auto stocks - TVS, Bajaj Auto, Tatamotors. Move to better sectors. Great results and sell off indicate one thing - mutual fund managers have been expecting good results and selling them right after results.
Move to other sectors, mid cap names - leading stocks look exhausted
Wait for another base to be formed - but stay...
8 week flag in progress. Getting beaten back from 1360 every time
Waiting for earning? Be ready to jump on if earnings are beaten - stock will cross 1400
If earnings disappoint then be ready for sell down and settling around previous base of 1200
Disclaimer - 95% of derivatives trades in India lose money, as per SEBI stats. That means just 5% of the traders take...
#tvsmotor #momentumstock #breakout #vcpbreakout
TVS Motor : Momentum Stock
>> Its at ATH leVels
>> Good VCP visible at top
>> Good Strength Building up & Good Volumes
>> Levels Mentioned on chart, min 1:2 RR Trade
SWing Traders should focus on 10% profit & keep trailling
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur...
TVs Motors CMP 1054
Points to observed
1. Trending in downward 👇 channel
2.recent action price bounce from low
3. Rejection zone last time 1055-1053
4.sustains above mentioned price is bullish development
Till 1037 is saved
Learning part Here 😉
1. CHANNEL price movement
2. Repeated price action bounce or rejected
3.also Flip zone reaction around 1055...
TVS MOTOR COMPANY
Key highlights: 💡⚡
✅On 1 hour Time Frame Stock Showing Reversal of triangle Pattern .
✅ It can give movement upto the Reversal Final target of above 1330+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 1435+.
✅Can Go short in this stock by...
In bull markets, the fastest way to build wealth is to trade great setups- make 10-15% and then move onto the next one.Keeping money in very fast rotation. TVS is great coz
Auto sector is doing well and hence there are tail winds
Solid consolidation with stock touching life high while in consolidation (this is a bullish sign)
Volatility compression - and a...
TVS Motors have formed an ascending wedge pattern on the daily timeframe with 2 contact points above and 3 contact points below
Yesterday it has broken out of the pattern with gap-up which acts as a very strong confirmation of the success of the trade
Although no volume surge is present but RSI is present in OVERBOUGHT zone indicating that the momentum is...
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.