Tvsmotors
TVS MOTORS Analysis Short term Since we can see the stock has already broken its resistance zones. And there was a green candle with good volume support to break the resistance.
I bought it at 675( SL- 650).
Recommend:
Wait till it reaches 720. Then put an SL at 700 and book profits.
Although I feel like from the earnings quarterly it can go up to 800. Just try to book profits by putting a variable SL at different points.
TVSMOTORCO | Range Bound TVSMOTORCO is currently moving in a range bound market. Look out for any movement breaking the current range of upper - 656 and lower 598 levels. These level are unbroken in the past 3 months.
Although there was a recent attempt to break the lower level, the bears werent ableto succeed.
Look for long candles with good volume in the coming days/weeks.
Sharing for educational purposes only