Golden Steps to Wealth: BSE, NSE, Indian Stock Market Tips, Technical Stock Charts, Weekly Chart Analysis, NIFTY, SENSEX, Candlestick Analysis, Moving Averages & More.
ANNOUNCEMENTS:
Wednesday, October 7, 2015
Tuesday, October 6, 2015
TVS Motors Ltd seems bearish
TVS Motors Daily Chart Technical Analysis
TVS Motors is sideways since Aug-15 and is currently trading at Rs. 230.
The price has completed AB leg of the fall from 321 to 207 (Jan-May 2015). The CD leg seems to be developing with 272 as the possible C coordinate.
At AB = 61.8% CD, the support is at 207.50.
At AB = CD, the support is at 167.30.
RSI is at 40, if it falls below 40 and remains stuck in the oversold range for a while, these downsides may get achieved.
All posts related to TVS Motors
TVS Motors Daily Chart Technical Analysis
Labels:
AB=CD,
Sideways,
TVS Motors
Subscribe to:
Posts (Atom)
Popular Posts
-
ICICI Bank Daily NSE Stock Chart Technical Analysis: ICICI walked sideways today after a big gap-up yesterday. The market made a dou...
-
UNITECH Daily NSE Stock Chart Technical Analysis: Unitech gapped-up today with the overall market trend. Market Outlook: The sudden gap...
-
RELIANCE COMMUNICATIONS Daily NSE Stock Chart Technical Analysis: The price had a fall throughout the day, opening at 174.8 and closing ...
-
DLF Daily NSE Stock Chart Technical Analysis: DLF is range-bound since last 2 weeks, but closed slightly above resistance today. Today...
-
ADSL (Allied Digital Services Ltd) Weekly NSE Stock Chart Technical Analysis: (As this is a weekly chart, each bar/candlestick represent...