TVSMOTOR trade ideas
range bound within channel stock is trading within channel since august. Will it be able to hold the bullish momentum of yesterday to breakout or will it crumble down. my wager is on the latter.
Short for T- 437, 428 within this week
TVS Motor: AnalysisKeep an eye on TVS Motor it was in parallel range since start of September. Expecting a breakout after a possible retracement. Buying level will be above 471.00.
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Reason to buy:
1) Moving up with good volume since 3 days. If this momentum continues their will be a breakout soon. Bollinger bands showing good volume as well.
2) Above 200 MA line shows uptrend.
3) Holding Higher levels.
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Stop-loss must be below the previous immediate swing levels. RR ratio must be calculated and traded accordingly.
TVSMOTOR, BREAKOUT FROM MID TERM ZONE (Chart# 320)TVSMOTOR above 477 tomorrow can move up for target of 482, 489, 499.
Brown TL is running since Sept' 18 (2 years)
Blue TL is running since Feb'20
Pink horizontal line is respected multiple times.
Focus on simple price action to get best results.
Thanks
Piyush Gupta
Once again 420 to 500 and more possibility Price after breaking 410 earlier went almost to 480 levels and once again it is making up a symmetric pattern and it is getting ready to break. One should have entered at the trend line support and wait for the breakout and the target is near 500 and this time we can expect some more i guess. . .
TVSMOTOR is Making Descending Triangle Pattern (Breakout Trade)TVS Motor Company Limited : Motorcycle Company ( NSE:TVSMOTOR ) is Making Descending Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
TVS Motors - Long Term Positional BuyTVS Motors has come out of downtrend and is likely to continue positive momentum. Targets are 575 and 783.
TVS Motors long if closes above 445Price 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.
NSE:TVSMOTORAt lower end of the channel.Near support.
Wait to see how it reacts.
Break down may bring weakness.
No trade as of now.
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
longyou can try entering if it presents a good bullish candle . keep STOP-LOSS below the support line
target as mentioned in the rectangular zones
TVSMOTOR BUYTVSMOTOR is forming cup-and-handle pattern. You can go long with targets of 520/545/570.
Please maintain proper money management rules and strict stoploss.
This idea is for educational purpose only. Kindly consult your financial advisor before investing.
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Buy above 446, Good move possible till 460, 470, and 480.Buy above 446, Good move possible till 460, 470, and 480.
