In the Weekly Chart of TVSELECT ,
we can see that, after Cup & Handle Failure it has coming back strong.
Enter on breaking Candle's High with low as SL.
Soon we will see a Bull run.
NSE:TVSELECT
Entry - 420
Target - 480 to 490
SL - 400
C&H Breakout
EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
Price brokeout the 4 month long Base and retested the Break out.
Retracement to BO with decreasing volumes.
Monthly Rounding Bottom
Entry ONLY Above 405-406 on Closing Basis.
SL - Self
Targets 445/503/544
From the house of TVS with a varied Product Range Could do much Fundamental due to time constraint but looks good. Visit the Website and the first thing as a pop is that they are hiring. In the current economic job cut downs if an organization is hiring speaks a ton....
NSE:TVSELECT
CMP : 304
TARGET 1 : 326
TARGET 2 : 365
STOPLOSS : 274
Perfect entry will be above at 305
Note : This is not a buy or sell call, this analysis for educational purpose.
Stock Name - Tvs Electronics Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 353
#This is not Buy and Sell recommendation to any one. This is for...
