A short analysis on TVSMOTOR
Updated
With auto stocks preparing for a bullish rally after a good correction, TVS MOTOR seems to be on a very sweet spot. The stock is ready to give a good bullish run with the RSI touching the level 40. The small rectangle marked with blue color is a good buy zone.
Trade closed: target reached
A pretty good analysis. The stock is currently trading at 2085. From a good buy zone (Rs. 525) to the current price (Rs. 2085). Almost 4 times of the price. The RSI never lies.
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