Pattern: Cup and Handle (Bullish Continuation Pattern)
Trading Style: Long-Term Swing Trading (holding for several days to weeks, or even longer to capture significant moves)
Current Context (as of July 8, 2025):
TVS Motor Company (TVSMOTOR) last closed around ₹2876.90.
The 52-week high is ₹2960.30.
Recent analyst reports and technical analysis suggest that TVS Motor is near its all-time high (ATH) and there are discussions about a potential breakout above ₹2958 to ₹2960, which could confirm a bullish continuation if the cup and handle pattern is indeed forming.
Your Proposed Trade Setup:
Entry Level:
Safe Trader: Above ₹2960
Risky Trader: ₹2850
Stop Loss (SL):
Risky Trader: If weekly candle closing below ₹2800
Safe Trader: Weekly candle close below ₹2920
Target (TR):
1st Target: ₹3075
2nd Target: ₹3315
3rd Target: ₹4000
Trading Style: Long-Term Swing Trading (holding for several days to weeks, or even longer to capture significant moves)
Current Context (as of July 8, 2025):
TVS Motor Company (TVSMOTOR) last closed around ₹2876.90.
The 52-week high is ₹2960.30.
Recent analyst reports and technical analysis suggest that TVS Motor is near its all-time high (ATH) and there are discussions about a potential breakout above ₹2958 to ₹2960, which could confirm a bullish continuation if the cup and handle pattern is indeed forming.
Your Proposed Trade Setup:
Entry Level:
Safe Trader: Above ₹2960
Risky Trader: ₹2850
Stop Loss (SL):
Risky Trader: If weekly candle closing below ₹2800
Safe Trader: Weekly candle close below ₹2920
Target (TR):
1st Target: ₹3075
2nd Target: ₹3315
3rd Target: ₹4000
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.