TVS Electronics: Falling Wedge Breakout (Volume Confirm Pending)The Technical Setup TVS Electronics (NSE: TVSELECT) has been in a corrective structure for months, forming a classic Falling Wedge Pattern. This pattern typically signals that selling pressure is exhausting.
Current Observations:
Structural Break: The price has successfully closed above the upper resistance trendline of the wedge (~500 levels).
Momentum Divergence: While the price has broken out, the volume is currently below the 30-day average.
The Missing Link: For a high-probability reversal, we typically look for a "Volume Expansion" to prove institutional interest. The current move is price-led, not participation-led.
Key Levels to Watch:
Invalidation Zone: If the price slips back inside the wedge (below ~480), the breakout may be a "False Move."
Confirmation Zone: A strong daily close above the recent swing high (~525) with rising volume would validate the reversal.
Technical Resistance: Structurally, the previous supply zones exist near 630 and 670.
Risological View: This is a "Watchlist Candidate." The structure is perfect, but the fuel (Volume) is missing. We are waiting for the "Smart Money" footprint before considering the trend changed.
Tvsmotors
Double top in TVS MotorsHow to Trade:-
Double Top Pattern. Price is still showing strong bullish candlesticks, which means prices are likely to break out of the resistance to make new highs, projected at 3030.50 to 3033.
Immediate support is at 2870, which is if breached, will take prices down to S2, i.e., 2848, which will be the sell side entry point for a conservative trading strategy.
Targets downside are 2800, 2751.50 and 2665 respectively.
Bearish divergence in TVSMOTORSA bearish divergence in TVSMOTORS is visible. The selling entry will be below the low of the last session, 2815, with downside targets of 2783, 2720, and 2700, respectively.
RSI has confirmed the negative divergence with lower lows while price is making the higher highs. If the price opens above the immediate resistance range of 2870 to 2880, the bearish view will be invalidated, and it will retest the all-time high at 2958.
TVS Motors - Elliot Wave Counts - Good RR Short!TVS completed 5 Wave rise from March 2022 till Sep 2024, which fromed a major Wave 3.
I would have ideally wanted Wave 4 to correct at least 38.2%, which did not happen.
Now that stock is almost at ATH, it offers a good opportunity to explore a short with previous high as SL.
The entire zig zag move from Jan lows can just be an X and we get a Y down till at least 38.2% which is at 2025, a good 17% correction from today's price.
All the best!
TVS MOTRS FOR 2670TVS Motor Company is an Indian multinational motorcycle manufacturer headquartered in Chennai. It is the third-largest motorcycle company in India by revenue. The company has annual sales of three million units and an annual production capacity of over four million vehicles.
I am expecting a good quarterly result from overall Auto sector.
And TVS motors is one his cup n handle pattern breakout, so i am bullish on TVS motors.
CMP :2528
TARGET: 2670
SL: 2430
Note : This is not stock recommendation this is only for educational purpose.
TVS SUPPLY CHAIN SOL - Swing Trade Analysis - 21st April #stocksTVS SUPPLY CHAIN SOLUTIONS (1D TF) - Swing Trade Analysis given on 21st April, 2024
Pattern: ASCENDING TRIANGLE
- Volume Buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
#tvs #niftyauto
TVS Motors, Buy on Weekly charts!Price has broken out of a nice consolidation and if it does a minor retracement and then creates a strong bullish candle, it will be a good buying opportunity. Stoploss would be below the previous resistance and trailing stoploss can be below 20EMA. Alternatively ATR can also be used to determine trailing stoploss, it all depends on what you are comfortable with. That said, as usual, please pay attention to position sizing and manage your risk wisely.
TVSMOTOR Analysis!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 about 2 times but couldn't break it. Today it has given breakout to it's resistance. As TVSMOTOR trading about All Time High so for price forecasting I have applied Fib Retracement from it's recent high to recent low and now we have our upside levels. These fib levels we can consider as our upside targets as well as resistances. Also TVSMOTOR has taken a good support at 50EMA and now trading above it so we can expect the price will go upwards.
Trade Psychology and Setup = 1190 after retesting
Entry = One can enter after Retesting
Target = Projected Target Will be 1696.65 and Fib Levels
Stop Loss = Below 1142.60
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
On-Neck Pattern Breakout on TVS MotorAn On Neck Chart Pattern Breakout happened on the Weekly Time frame of NSE:TVSMOTOR
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on a Weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish On-Neck Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for Educational Purpose only.
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.
TVSMotorsTVS motors has given a double top breakdown after giving a stellar run. It was previously facing a resistance at a top trendline which was broken with a gap in July'22 and was only tested once after that breakout. Potentially, stock may come down to that trendline again by taking a support there and achieving double top target as well
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.






















