TVS Motor: Analysis
Keep an eye on TVS Motor it was in parallel range since start of September. Expecting a breakout after a possible retracement. Buying level will be above 471.00.
.
Reason to buy:
1) Moving up with good volume since 3 days. If this momentum continues their will be a breakout soon. Bollinger bands showing good volume as well.
2) Above 200 MA line shows uptrend.
3) Holding Higher levels.
.
Stop-loss must be below the previous immediate swing levels. RR ratio must be calculated and traded accordingly.
.
Reason to buy:
1) Moving up with good volume since 3 days. If this momentum continues their will be a breakout soon. Bollinger bands showing good volume as well.
2) Above 200 MA line shows uptrend.
3) Holding Higher levels.
.
Stop-loss must be below the previous immediate swing levels. RR ratio must be calculated and traded accordingly.
Note
Possibility of a retracement. Market sentiment is negative.Transaction en cours
Half Quantity Inn.Transaction en cours
Possible retracement. Looking for next entry point to unload another half.Transaction en cours
Another half unloaded @ 473.00. SL @ 463.00.Trade fermée manuellement
@ 478.55. Again Range-Bound.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.