Technical Trading Idea : TVS Motor Company Ltd Target Rs. 3030 By Motilal Oswal Wealth Management

TVS Motor Company Ltd
Buy TVS Motor Company Ltd CMP 2858 SL 2770 TARGET 3030 DURATION Weekly
* On verge on a falling channel breakout.
* Strong bodied bullish candle.
* Bounce from 50 DEMA support zones.
* Surge in traded volumes.
* RSI indicator giving bullish crossover.
* We recommend to buy the stock at CMP Rs.2858 with a SL of Rs.2770 and a TGT of Rs.3030.
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