TVS Motor : Broke the Support GAP Filling in progress !
risk: Reward is 1:2 Rest as per charts.
What 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 :)
According to chart anylasis its take support form tradeline as we have drawn in chart. Short term strategy Buy it 580 or above price. Target: 600++
#TVSMOTOR entry and exit levels on the chart (refer black/blue lines). Place SL@0.4% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter. #intraday
Buy from cmp to 580 easy target 615 Disclaimer : This is my personal analysis for study purpose not intended for trading
taking multiple supports, will be good to long now at CMP
A breakdown may happened from the descending triangle which may filled the gap occurred due to breakaway gap! Keep on radar! Keep supporting! Keep learning!
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. . . ENTRY: If this breakout will reach candle high and keep it then we will enter. . . STOPLOSS: SL is below the Breakout candle low.
Price taking nice support with hammer candle. 1R:2R Swing Trade Opportunity Buy at 600 with strict SL 575 TGT - 650+
Short TVS motors. good opportunity for a successful trade. Good risk to reward ratio.
NSE:TVSMOTOR again approaching the important level. watch this stock at the bottom line for reversal or breakdown. possible trade with small SL
Tvs motor created gap due to OPM improvement and again near to gap.
Very good rising wedge pattern is formed in Tvs motor up there is resistance area once trend line break here is a good opportunity for short till last nearest support market may come soon with small stop loss we can take this opportunity