Trade With ConfluenceWhile taking a trade you must have confluence in your mind that what is the reason that you are going to take the trade!
Even if you proven wrong analyze that what was wrong where it could have been better,
TVSMOTOR trade ideas
TVS Motor Looks Strong above 397 only for intraday purpose.As you can see TVS Motor is in Rising trendline Channel and it hold trendline support on 16-July and made a Bullish pin Bar Pattern, I know some people will say pin bar pattern only work in downtrend but try to understand the psychology behind the pattern still i am not bullish or bearish i will only buy above 397.
tvs motor ascending triangletvs motor forming ascending triangle.Support at 384 level..play the trend
TVS Motor Accumulate in between 375 to 378NSE:TVSMOTOR is approaching a strong support zone near 375 to 378 on 4hr timeframe. If it reaches that zone then one can accumulate the stock.
Long on Tvs motors Buy above 390.50,
Target price 396,402,410, it may go even further because if it crosses 396 it is going to have a strong support at 396.
Stop loss 382, candle should form bellow 382.
All these Information is based on my personal knowledge and may be wrong, involves risk. This is Educational purpose to make my ideas reached to all, and investment at your own risk.
Be safe, and good luck for your Investments.
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 Drawdown in uptrendPotential to move further down in this continuing uptrend. Strong short term resistance in daily chart as shown. Bearish engulfing pattern after market close today solidifies short term drawdown. Potential to go up once it hits support in the trend channel. If it breaks the support, potential to go down further.
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
TVSMOTOR, ROUNDING BOTTOM BREAKOUT WITH PULLBACK. HIGH PROBABLE TVSMOTOR formed nice rounding bottom pattern and has given Breakout at 390 levels. Stock moved up to 397 and then did classic pullback and continuation.
It is strong bullish above 397 and once 400 hurdle is crossed, upside can be seen in it. Keep it on your radar for Monday.
Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need.
Reach out if you wish to learn simplest form of price action and willing to put effort in practice.
Cheers!
Piyush Gupta
TVS MotorsTVS motor bullish consolidation at support level.
All ideas are shared assuming Delivery based trades only.
Research for Education Purpose.
TVS MOTOR CO.- BULLISH SIGNS!!TVS MOTOR CO.
#TVSMOTOR is moving in an ascending channel and closed at the resistance level 396.70.
RSI is above 60-level and is BULLISH.
TT2 trend is BULLISH in 30mins.
If the price breaks 397.75, the next Resistance is 400/408.95. Support is 389.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
Wheels on Roll: TvsmotorStock gave a flag pattern breakout with volume. Stock is looking good and see stock testing 440 levels. Downside level of 374 will play an important support.
[Buddha] TVSMOTOR Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
TVSMOTOR at Channel and short term supportTVSMOTOR at Channel and short term support - will it hold? I dont think so...
tvs motorplease buy if it break 360levels and sustain above those levels.
sell at 355-60levels if it doesn't sustain above 360levels.
please watch it carefully. don't take position unconsciously.
wait for price action. and understand the market condition
then take the position. i'll update you the direction.
