TVSMOTOR trade ideas
TVS Motors - BullishTVS Motors CMP - 499.65
Looking bullish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy at or Above 501 / Stop Loss - 495
Target 1 - 505
Target 2 - 510
Target 3 - 515 / 520
Swing Targets - 575 - 650
Disclaimer: This is my view and for educational purpose only.
TVS Motors - Simple Setup
Stock falling from Sept 17th 2020
But with low volume.
Long wicks at bottom.
more than 20% of candle body.
on 25th Sept closed around 9EMA.
Today was a buy above 9EMA 451 452 plus levels
16Th candle was the first target.
it was 472 and made high so far 471.
In the process supported by RSI and Stochastics
If you analyze the buy sell volume from 21st September buys were always higher than 50%
and on 25th September it was as high as 80%.
This we call a screaming for a buy.
A sitting duck trade, as long above 9EMA
TVS Motor 23rd Sept.TVS Motors formed Double bottom pattern on 30 min time frame.
High chances are it will go up. Levels are there on chart.
Disclaimer - I am not SEBI Registered. Above view is my own pure view and It's for an educational purpose.
Please do trading after consulting you financial adviser. I will be not responsible for any Loss and Profit .
TVSMOTORSIT IS APPROACHING THE LEVELS WHERE IT SHOULD TAKE SUPPORT, WITH STOP LOSS OF 454-455 IT CAN BE PLAYED FOR 458, 463, 466.50, 470.
IF IT SLIPS FROM HERE, IT MIGHT SEE 450 & 445 ON DOWNSIDE.
**********************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
INTRADAY STOCKS SELECTIONS ( 10/9/2020)
A breakout is a potential trading opportunity that occurs when an asset's price moves above a resistance level or moves below a support level on increasing volume.
The first step in trading breakouts is to identify current price trend patterns along with support and resistance levels in order to plan possible entry and exit points.
Once you've acted on a breakout strategy, know when to cut your losses and re-assess the situation if the breakout sputters.
As with any technical trading strategy, don't let emotions get the better of you. Stick with your plan and know when to get in and get out.
TVSMOTOR in buy Zone at POCTVSMotor has reached to our buy zone with its location at Point of Control Level We are confident that the stock would perform better in days to sideways movement. Why? This POC level was crossed once and the price has come back to say hello to it. I like when the price chit chats with support and resistance making it more promising move.