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AKANSHA JAIN

9th Mar · SEBI-Registered Analyst

TVSMOTOR

TVS Motor has been exhibiting a resilient structure on the daily charts. We are looking for a continuation of the prevailing trend based on the following: Support Level: The stock has consistently found buyers near its 20-day Exponential Moving Average (EMA). Volume Profile: A recent uptick in volume suggests institutional interest at current levels. Momentum Indicators: The RSI (Relative Strength Index) is trending upward, staying comfortably above the 50-mark without being overbought. Execution Plan Entry Range: Look for entries on a slight dip or a breakout above recent consolidation. Target (3%): Aiming for a quick move to test previous resistance zones. Stop Loss: Consider a 1.5%–2% downside buffer to maintain a healthy risk-to-reward ratio. Please consult your advisor before taking the position.

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