TvsmotorTvsmotor profit booking as 3rd wave target near 1.61% nearly achieved.
consolidation possible near 1320 -15 possible
note : views are for educational purpose
market is subject to risk
TVSMOTOR
TVS MOTOR to do reversal?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.
TVS MOTOR to bounce back higher?NSE:TVSMOTOR watch the bounce back rally of tvs motors if sustains above orange levels with strong bullish 15 min candle,
avoid till next support zone if current support zone is breached.
Shooting Star A shooting star occurs after an advance and indicates the price could start falling.
The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open.
Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines during the next period they may sell or short.
If the price rises after a shooting star , the formation may have been a false signal or the candle is marking a potential resistance area around the price range of the candle.
Script = TVS Motor
Time Frame = 1 Day
Elliott wave possible counts of TVS MotorsHere we had shared video analysis of possible Elliott wave counts on TVS Motors chart.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
TVS Motor can continue the trendChart -> TVS Motor Weekly
A flag and pole breakout in the weekly time frame can continue the trend.
CMP: 1215
Good Range: 1150 to 1200
Target: 1325
SL: 1140 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
TVSMOTOR Swing Trade for Big move!with the Help of data where 1130 level have activety of Big player all the data is bullish
TVS MOTOR GO LONG
Today all stok making Bulllish candle almost......TVS candle crossing 44 simple moving average.....stop loss and target depend on support and resistance
NSE:TVSMOTOR
Short on tvs motorCMP 1120 , Target 1000 SL 1160 Weekly trend is down monthly is down . Expected to hit 1000 by end of March 2023 . It’s a positional trade
Head and Shoulder Pattern A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest.
A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
An inverse head and shoulders pattern predicts a bearish-to-bullish trend.
The neckline rests at the support or resistance lines, depending on the pattern direction.
Script = Tvs motors
Time Frame = 1 Day
Targets for TVSmotorsAs per request, providing you few targets before sell off, I will not be long personally, expect to buy and sell intraday only till 3rd target then will be on selling mode.
ResistanceTechnical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend.
Resistance occurs where an uptrend is expected to pause temporarily, due to a concentration of supply.
Market psychology plays a major role as traders and investors remember the past and react to changing conditions to anticipate future market movement.
Script = Tvs Motors
Time Frame = 1 Day
Opportunity in TVS MotorsCMP : 1112
Target : 1147
Stoploss : 1090
This is not a buy or sell call, this analysis is shared for educational purpose.
TVS MOTORS possible Elliot wave countsHere we have shared possible Elliot wave counts of tvs motors, just for educational purpose, on monthly, weekly, daily and hourly time frames, all aligned with each other, so here we are getting both side confirmation levels for next possible moves.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
TVSMOTOR CMP 1035.60
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.
TVSMOTORbuy tvsmotor 1017.70 sl 1000 tgt 1048/1072
the whole auto sctor will give upmove
keep and eye on small and midcap of auto sector
Morning StarA morning star is a visual pattern made up of a tall black candlestick, a smaller black or white candlestick with a short body and long wicks, and a third tall white candlestick.
The middle candle of the morning star captures a moment of market indecision where the bears begin to give way to bulls. The third candle confirms the reversal and can mark a new uptrend.
Script = Tvs Motors
Time Frame = 15 min
Engulfing BullishA bullish engulfing pattern is a candlestick pattern that forms when a small red candlestick is followed the next day by a large green candlestick, the body of which completely overlaps or engulfs the body of the previous day’s candlestick.
Bullish engulfing patterns are more likely to signal reversals when they are preceded by four or more red candlesticks.
Investors should look not only to the two candlesticks which form the bullish engulfing pattern but also to the preceding candlesticks.
Script = TVS motors
Time Frame = 15 min
TVS MOTORSAfter 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 once it crossed below 1080 and 1060(majorly) we can see fall and also on the monthly chart time frame we can observe that it can make the inside candle thus making it in your list is gonna be a jackpot.
On the way we are having the support of 50 MA which can be a good sign for buyers and sellers if it closed below it can fall easily.
TVS MotorsTVS 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
