TVSMOTOR trade ideas
TVSMOTOR - Bullish MomemtumNSE: TVSMOTOR is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the trendline support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Disclaimer:
This is for educational purposes only.
TVS Motors company share price will fallTVS Motors company share price will fall in short term. There is bull flag in TVS chart but historically for this company, the bull flag failure rate is higher so I hope history will repeat again. Head & shoulder pattern might work. There is support zone with price 780 to 680.
Traders Disclaimer:
The above statement is my predication only so please do your own analysis before taking any trades.
TVS MOTORi gave this stock for selling on 15 jan to enter after the breakout of the neckline but before breakout wait for the to move sideways. and this what happened in this stock and finally breakdown and retest is happening.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
TVS MOTORHere are the levels for the TVSMOTOR for swing trade this or it can positional trade as well. here the price formed nice Head And Shoulders pattern which is reversal pattern.
here we may sides ways for potential breakdown. and enter only the break and retest of the neckline with strong reversal candles @ retest level and with high volumes.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
short target 929short target 929 with little sl ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
BULLISH HARMONIC PATTERN - TVSMOTOR - GREAT ENTRY !Bullish Harmonic Pattern Established, possible targets mentioned in the chart.
Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be responsible for any profit/loss you incur on your trades based on my published ideas.