TVSMOTORS Cup & Handle breakout

Updated
Auto sector is in bullish momentum considering the hype around electric vehicles and reducing steel prices.
TVSMOTOR is looking very bullish and looks like a good positional trade.
It is very close to its ATH of approx 814 and is currently on the verge of giving ATH weekly closing.
Trade active
855+ today
61.8% fib level of 869 mmight act as the next resistance for this stock
Trade closed: target reached
Second target reached of 966.
Very big move seen of almost 20% in this stock
alltimehighautosectorCup And HandlecupandhandlepatternpositionalSupply and DemandSupply ZoneswingtradingTVSMOTORweeklymarketsanalysis

Also on:

Disclaimer