Technical Analysis TVS Motor Company

The stock

is in a strong long-term upward trend. Over the past year the stock has rallied impressively from the lower 2000s to nearly 4000 creating a classic pattern of higher highs and higher lows. After reaching its peak near the 3900–4000 zone earlier in 2026 the stock went through a healthy correction. It recently found a floor and bounced back currently trading around 3568. This looks like a standard consolidation or cooling off phase after a massive run-up which is normal market behavior. Immediate Support 3300 - 3400 the stock recently saw strong buying interest a bounce in this zone. As long as the price stays above this level the short-term recovery structure remains positive. Major support 2983 the dashed line on your chart marks a crucial historical breakout level. If a deep broader market correction happens this acts as a major safety net. Resistance 3800 - 3,950 to continue its overall bull run the stock needs to break past the recent swing high near 3800 and eventually cross its all-time high zone. There were a few above-average red volume bars during the recent drop indicating active profit booking. However the selling pressure appears to have been absorbed near the support zone and the stock is now attempting to build upward momentum again. For Current holders the long-term trend is very strong so you can confidently hold your shares as long as the price stays above the 3300–3400 support zone. For New buyers it is best to wait for a small dip towards 3400 for a safer low-risk entry or wait for a clear breakout above 3800 before investing fresh capital to ensure the rally has resumed. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.