TVS Motor Company Limited : Motorcycle Company ( NSE:TVSMOTOR ) is Making Descending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this...
TVS Motors has come out of downtrend and is likely to continue positive momentum. Targets are 575 and 783.
Price consolidating for a big move. Good to go long with small stoploss else wait for the close above 445 and enter the market long and wait for the channel top to book your profits.
Long TVS Motor BO of TL above the level of 448 TGT 475-485 SL 435. Stock is in bullish mode & trading above 200 EMA level. always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask. Watch the August month performance sheet. All trading ideas freely shared here...
At long term resistance on daily chart + bearish engulfing. Going down!
Buy above 424 Target - 430 SL - 420 Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade with the help of your financial advisor or on your own risk.
I've mentioned all the pointers in the chart, If you find my analysis useful please follow and show some support.
Trade at upper resistance breakout!!! NSE:TVSMOTOR
TVS motors forming a trend continuation cup and handle pattern.
As you can see TVS Motor is in Rising trendline Channel and it hold trendline support on 16-July and made a Bullish pin Bar Pattern, I know some people will say pin bar pattern only work in downtrend but try to understand the psychology behind the pattern still i am not bullish or bearish i will only buy above 397.
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...
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
TVS motor bullish consolidation at support level. All ideas are shared assuming Delivery based trades only. Research for Education Purpose.