TVSMOTOR trade ideas
tvs motorstvs motor form a cup handle formation on 4hrs chart and give a breakout after long consolidation .
it has volume and delivery breakout (10 day analysis)
So, My view is long for this stock so
my buying level is around 569-572
tgt=597/602
sl=547
plz do your own analysis before taking trade, this is my view & only for education purpose.
NSE:TVSMOTOR
Inverse head and shoulder in TVS MOTOR ( ANALYSIS OF TVSMOTOR )Inverse head and shoulder is a bullish pattern . It formed when bears try three times to pull the price off but bulls act as so actively that price always go up. Trader act this pattern when there is a breakout of resistance from which bears got active.
TVSMOTOR LONG INTRADAY 31 AUG,2021Dear trader,
If u look at the chart of TVSMOTOR (analysis based intraday only) the TVSMOTOR Buy at 520 and Target at 532
Best Buy at 518.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
TVSMotor [Short Idea] 15 MinNo PCL broke for last 5-6 candles
Short if it breaks now with SL mentioned
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use smaller tf SL & trade in 15M or 30M tf which I'll mention. Vice Versa for long trades
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR indicator as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change ( PSAR : Parabolic Stop n reverse )
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
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