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
Tvsmotorscompany
TVS MOTORS BREAKOUTIt breaks 685 then we go for a long trade with a stop loss of 5 to 8 points down and the target is 810 . Have a great day for all. Thank you🙏🏼
TVSMOTOR tvs motor me ek ( ascending triangle ) tpey se bana hua hai ok jidar brack kre udhar buy krna hai
Simple Safe Trade Setup | TVS MOTOR |NSE:TVSMOTOR
Simple Safe Trade setup for TVSMOTOR.
1) On 1 day time frame, it took support from 10DMA and closed just below critical level of 580.
Please refer below chart : 1day Time Frame.
2) On 1 day time frame, it has made spinning top candle with high of 590 level and low of 570 level.
Please refer below chart : 1day Time Frame.
Trade setup mentioned on chart is for safe trade only.
Avoid gap up or gap down chase. Wait and trade between levels.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
TVSMOTOR TVSMOTOR me support liya hai aur trend line jese hi brake kre to buy jana hai aur gap up khule to trend line se up tabi buy jana hai
TVSMOTOR - Build up near supportNote: This is for educational purpose only.
There seems to be a build up near resistance in 1 hour timeframe. RSI is near 60 and relative strength is crossing Nifty Index. There is a possibility of breakout. But please wait until breakout happens.
Once breakout is done, SL would be: ₹542
TVS Motors Company Ltd Increasing Triangle pattern
The blue lines are the support zone and the red line is the resistance level.
If it breaks the redline and maintains it can achieve our target. The target is the green line.
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ENTRY: If this breakout will reach candle high and keep it then we will enter.
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STOPLOSS: SL is below the Breakout candle low.
