TVSSRICHAK trade ideas
Long on TVS shrichakraTVS shrichakra results are improving. with increase in sales and also rubber prices are cooling down so should help in improving margin and profit. Price might reach 3600+ with stop loss of 2400.
Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do your own due diligence and/or consult investment advisor before making any investment/trading decisions
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Long Setup in TVS ShrichakraThe tyre sector seems to be turning around with the TVSShrichak stock seems to be at base level with good bounce possible. teh price can touch 2600. stop loss 1900.
Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do your own due diligence and/or consult investment advisor before making any investment/trading decisions
weekly breakout and retest done on TVS SRICHAKRA LTDBUY as long is initiated on following parameters
as above 200weekly moving average
breakout retest done of before covid high
weekly doji and close above 200wma after retest
sl weekly close below 1911
tgt 2640, 2900
cash stock run slowly
risk emotion free money