Long on TVS MOTORS- Good support at 450 level and seems to be holding nice and tight;
- Can look for a target of 515-520
TVSMOTOR trade ideas
TVS Buy 1" Margin trading is NOT recommended. Do your OWN analysis before initiate trade."
Buy Below 505
Target 554
Stop Loss 480
Tvs Result Bet Positional Pick Stock is forming bull flag & currently trying to sustain above the bearish phase trend line.
Level's mentioned in chart
#TVSMOTORS CASH : LOOKS WEAK BELOW 500 LEVELS#TVSMOTORS CASH
29 APRIL 2019
GOOD SELL BELOW 500 LEVELS
FOR 495/490/485
SL 506
CMP 505.25
TVS Motors - Inverse H & S pattern- the stock is facing resistance near the levels of 520-525
- One it decisively breaks-out, 525, it can be bought with the target of 570-75 levels.
- Although MACD is converging and RSI also entering overbought zones, it indicates the breakout is not coming any time sooner
- The volume is also disappearing, hence if breakdown for 515 levels, the next target will be around 475-480 zones
TVS Motor - Daily Analysis Bearish Butterfly - 75 % Breakout TVS Motor - Daily Analysis
Bearish Butterfly - 75 % Breakout CMP 500
Targets - -510-525 -540 - 550 -570-580-610+
SL 470 ( 4 hour time frame closing basis)
Buy @ the opening of market
Buy 480 CE @ Opening on Monday Target 50-100-150-200 % & SL 50% of Investment
TVS MOTOR LONG the stock is expected to reach the D point shortly. the confirmation for this are,
1. trendline breakout
2. harmonic pattern
3.RSI Divergence
4.good volume during breakout.
BUY 500 .
TARGET 530.
DURATION-( 3-4 DAYS)
TVS motors BUYTVS motors on Friday break the longterm trend line with volume and give good bullish candle also above 60% RSI one more green candle confirm buy for positional and for Monday intraday buy above 503 if its sustain for 15 minutes
Bearish Butterfly TvsMotorsBearish Butterfly TvsMotors
Prz - 519 - 523
Sl - 528
Target 1 - 512
Target 2 - 505
