This is the daily chart of TVS Motor Company Limited, and this one is much more bearish than Eicher 👇

1️⃣ Structure Breakdown Phase 1: Uptrend Strong move from ₹2800 → ₹4000 👉 Healthy bullish trend Phase 2: Distribution Multiple rejections near ₹3900–₹4000 👉 Smart money exiting Phase 3: Breakdown Sharp fall from ₹4000 → ₹3300 👉 Trend already broken 2️⃣ Current Situation (Very Important) Right now price: Took support near ₹3280 Bounced back to ~₹3500 👉 This is not strength 👉 This is a pullback after breakdown 3️⃣ What You Marked (Down Arrow) You’re expecting: 👉 ₹3500 → ₹3000 This is technically correct direction ✅ 4️⃣ Why This is Bearish (Key Insight) Look carefully: Lower high formed (₹4000 → ₹3800) Then lower low (₹3300) Now bounce = lower high again 👉 This is a perfect downtrend structure 5️⃣ Key Levels Resistance (Sell Zone): ₹3500–₹3600 Support: ₹3280 6️⃣ Bearish Confirmation ❌ If price: Breaks ₹3280 again 👉 Then next targets: ₹3100 ₹2900–₹3000 (your zone) 7️⃣ Smart Money Behavior What’s happening here: Retail sees bounce → thinks reversal Smart money uses bounce → sell again 👉 This is called: “Pullback to supply” 8️⃣ Trade Plan (Pro Thinking) Best Setup: 👉 Sell near ₹3500–₹3600 OR 👉 Sell on breakdown below ₹3280 Targets: ₹3100 ₹2900 9️⃣ Comparison With Eicher (Important Learning) Stock Structure Strength Eicher Motors Limited At support Neutral TVS Motor Company Limited Already broken Bearish