Tvsmotors
TVS motor long entryLong 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 for your education & support.
drive.google.com
TVS Motors strategy for 24 AugBased on the pattern observed on 21 Aug, it appears that TVS motors is entering a corrective phase .. The evolving pattern appears to be flat/ extended flat ... Wave a and b have been marked on the chart and wave c is in progress. On 24 Aug, wait for retracement to 455-457 levels and look to short with target of 446 ... SL would be 461.50
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
MARUTI KEY LEVELS SUPPORT AND RESISTANCE 12/06/2020 FRIDAYKey Levels for MARUTI SUZUKI : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~5480
FIRST TARGET~5567
INTERIM RESISTANCE~5690
FINAL RESISTANCE~5813
***************************
LOWER BREAKOUT~5391
FIRST TARGET~5327
INTERIM SUPPORT~5262
FINAL SUPPORT~5187
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
TVS Motors Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 3 to 8 times.
SWING TRADE IN TVS MOTORS !!(DEC FUT)!!SWING TRADE IN TVS MOTORS
VIEW
-RETEST OF 200-DMA
-BOUNCEBACK
-HAMMER (SIGNS OF REVERSAL)
-GOOD RISK TO REWARD RATIO
CHECK THE PREVIOUS IDEA
CHECK THE PREVIOUS IDEA
CHECK THE PREVIOUS IDEA
TRADE VIEW
DEC FUT
BUY@450
STOP@443.5
TARGET 1@460
TARGET 2@470
LOT:1100
QTY:2
BTST TRADE IN TVS MOTORS !!(FUT)!!BTST IN TVS MOTORS
VIEW
:-TVSI AFTER A GOOD UPMOVE SAW CORRECTION AFTER RESULTS
:-ITS FIRST TIME TEST OF 200-DMA LOOKS SUCCESSFUL
:-FIB0 LEVEL OF 38.20 LOOKS GOOD FOR ENTRY
:-GOOD RISK TO REWARD RATIO
TRADE IN 28TH NOV CONTRACT
BUY@458
STOP@452
TARGET 1@470
TARGET 2@478
LOT:1100
QTY:3