Go long if TVS Motors breaks the neckline , it will be good swing trade as the pattern is found on 1hr time frame.
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
Note: 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
Stock has bounce from the support zone. one should buy on cmp with SL of 518 and look for the target of 560/580
TVS Motors has come out of downtrend and is likely to continue positive momentum. Targets are 575 and 783.
Price consolidating for a big move. Good to go long with small stoploss else wait for the close above 445 and enter the market long and wait for the channel top to book your profits.
I've mentioned all the pointers in the chart, If you find my analysis useful please follow and show some support.