Technical Conviction Delivery Idea : TVS Motor Company Ltd Target Rs. 3850 By Motilal Oswal Wealth Management

TVS Motor Company Ltd
Buy TVS Motor Company Ltd CMP 3654 SL 3550 TARGET 3850 DURATION 1 Week
* Range breakout on the daily chart.
* Strong bodied bullish candle.
* Respecting 50 DEMA support zones.
* Overall uptrend.
* Higher than average traded volumes.
* RSI momentum indicator rising.
* We recommend to buy the stock at CMP Rs.3554 with a SL of Rs.3550 and a TGT of Rs.3850.
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