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TVS Motor Company Ltd

* On the weekly chart, the stock has decisively broken out its 8-10 months “Consolidation Range” breakout at 670 levels

* The stock is trending up across all the time frames forming a series of higher Tops and higher Bottoms

* The stock is well placed above its 20, 50 and 100 day SMA’s which reconfirm bullish sentiments

* The daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well as momentum.

* The above analysis indicate an upside of 740-765 levels

* Holding period is 3 to 4 weeks.

Buy TVS Motor Company Limited Buy Range: 690-678 CMP: 706 Upside: 8%-12% Stop loss: 653

Delta Corp Limited

* On the is in strong up trend across all the time frames forming a series of higher tops and higher bottoms formation on weekly and monthly charts

* However with past couple of weeks profit booking the stock has revisited it 38.2% Fibonacci retracement support zone of 253 and rebounded very sharply

* On the daily chart, the stock has well placed above its 20, 50 and 100 day SMA and sustaining above the same which reconfirm bullish sentiments

* The daily strength indicator RSI is placed above 50 mark which supports rising strength. 

* The above analysis indicate an upside of 310-328 levels.

* Holding period is 3 to 4 weeks.

Buy Delta Corp Limited Buy Range: 280-276 CMP: 282 Upside: 12% -18% Stop loss: 256

K.P.R. Mill Limited

* On the weekly chart, the stock has witnessed two months “Consolidation Range” breakout at 493 levels on a closing basis along with rising volumes.

* The stock is trending up across all the time frames forming a series of higher Tops and higher Bottoms representing strong up trend

* This buying momentum was observed from 20-day SMA (462) which reconfirms bullish sentiments

* The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength

* The above analysis indicate an upside of 583-605 levels

* Holding period is 3 to 4 weeks.

Buy K.P.R. Mill Limited Buy Range: 511-501 CMP: 516 Upside: 15% – 20% Stop loss: 465

Sun TV Network Limited​​​​​​​

* On the weekly chart, the stock has witnessed “Multiple Resistance” breakout at 588 levels on a closing basis

* Rising volumes at breakout zone implies increased participation

* The stock is well placed above its 20, 50 and 100 Day SMA which reconfirms 04 November, 2021 upside momentum

* The weekly Band-Bollinger buy signals increased volatility along with rising prices

* The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength.

* The above analysis indicate an upside of 660-685 levels

Buy Sun TV Network Limited Buy Range: 600-588 CMP: 610 Upside: 11% – 15% Stop loss: 560

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