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
Tvsmotorscompanyltd
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
TVS Motors Chart Analysis !!📈 TVS Motors 📉
My Findings :- Breakout from a Resistance Zone in third attempt with a strong green candle.
Bias- Long
Target- 709, 754 and 813
SL- 7350
RR- 1: 2.5
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
TVS MOTORS BREAKOUTIf the stock break 685 tradeline then we are going for long with stop loss 4-5 points and the target is 710. Have a great day to all Thank you.
TVS MOTOR - Short Opportunity*Short Opportunity* -
TVS Motor has formed Inverted Cup & Handle pattern, this pattern indicates that there will be a bearish trend in this stock. If this stock retest at a level of Rs. 670.90 then there will be a strong bullish trend we can trade. Also, CCI is below -100.
TVSMOTOR - BULLISHAs long as the price trades above 648 there should be no reason stopping it from breaking the Resistance of 664. But if t all the support area of 639 breaks then we can have the price reaching the levels of 630 and below.
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TVSMOTOR tvs motor me ek ( ascending triangle ) tpey se bana hua hai ok jidar brack kre udhar buy krna hai
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
Strategy on TVSMOTOR before earnings - EarningsplayWhat I see :
I see good trendline supportive
Earning about to come and price has fallen quite a lot about 12% from top
This can be a good risk to reward trade if taken with proper system
Rest is expalined well in the video
Happy trading :)
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.
