1. TVS MOTOR LIMITED
Learning Points:
Trading Plan:
Entry Strategy:
Short-Term/Options Trading: Enter between ₹2512–₹2530, near the minor buying zone just above the 50% retracement level. Look for confirmation through bullish patterns like hammers or engulfing candles.
Long-Term Investing: If the price dips further, add positions between ₹2106–₹2110, aligning with the Golden Retracement Zone (78.6%).
Stop-Loss Placement:
Short-Term Traders: ₹2419.95, below the 50% retracement level.
Long-Term Traders: ₹2050, below the 78.6% retracement level.
Target Strategy:
Short-Term: ₹2829 (swing resistance).
Medium-Term: ₹3033–₹3119 (Fibonacci extension).
Long-Term: ₹3444, assuming strong momentum.
Predictions:
Price may consolidate within the buying zones (₹2512–₹2530 and ₹2106–₹2110) before moving toward targets.
Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Conduct your research or consult a financial advisor before trading.
Learning Points:
- []Fibonacci Retracement Levels: Key reversal zones are identified around 50%–78.6%, offering potential entry points.
[]Multi-Timeframe Targets: Aligning trades with short-term, medium-term, and long-term objectives allows for better decision-making. - Risk Management: Proper stop-loss placement is critical to protecting capital.
Trading Plan:
Entry Strategy:
Short-Term/Options Trading: Enter between ₹2512–₹2530, near the minor buying zone just above the 50% retracement level. Look for confirmation through bullish patterns like hammers or engulfing candles.
Long-Term Investing: If the price dips further, add positions between ₹2106–₹2110, aligning with the Golden Retracement Zone (78.6%).
Stop-Loss Placement:
Short-Term Traders: ₹2419.95, below the 50% retracement level.
Long-Term Traders: ₹2050, below the 78.6% retracement level.
Target Strategy:
Short-Term: ₹2829 (swing resistance).
Medium-Term: ₹3033–₹3119 (Fibonacci extension).
Long-Term: ₹3444, assuming strong momentum.
Predictions:
Price may consolidate within the buying zones (₹2512–₹2530 and ₹2106–₹2110) before moving toward targets.
Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Conduct your research or consult a financial advisor before trading.
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.