TVSMOTOR - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.7

Here’s a comprehensive technical analysis of TVS Motor Company Ltd. (TVSMOTOR)

📊 Trend Overview

Current Trend: The stock is in a strong uptrend, trading just below its 52-week high of ₹3,606. It’s well above both the 50 DMA (₹3,196) and 200 DMA (₹2,799), indicating sustained bullish momentum.

Momentum: Very strong. RSI at 72.7 is in overbought territory, and MACD at 119 confirms aggressive upward momentum.

📈 Moving Averages

50 DMA: ₹3,196

200 DMA: ₹2,799

Current Price: ₹3,547

Interpretation: Price is significantly above both moving averages, confirming a bullish bias. The steep slope of both DMAs supports continuation.

📉 MACD & RSI

MACD: Strongly positive at 119, signaling powerful bullish momentum.

RSI: At 72.7 — overbought zone, suggesting potential for short-term consolidation or minor pullback.

Conclusion: Momentum indicators support trend continuation, but caution is warranted for fresh entries at current levels.

📊 Volume Trends

Current Volume: 6.47 lakh

1-Week Avg Volume: 5.58 lakh

Interpretation: Volume is above average, confirming strong participation and institutional interest.

📉 Bollinger Bands

Price is likely near the upper band, indicating strength but also short-term resistance. A breakout above ₹3,600 with volume would confirm further upside.

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 3,450 Minor pullback zone

Support 2 3,196 50 DMA, strong base

Resistance 1 3,606 52-week high, key ceiling

Resistance 2 3,700–3,800 Psychological breakout zone

🎯 Entry & Exit Zones

Optimal Entry: ₹3,200–₹3,300 (on pullback with confirmation)

Exit Zone: ₹3,600–₹3,800 (partial profit booking), ₹3,900+ (final target if breakout sustains)

🔍 Summary

Trend: Trending upward

Momentum: Strong bullish

Bias: Buy on dips

Short-Term Strategy: Accumulate near ₹3,200–₹3,300 with breakout confirmation above ₹3,606. Target ₹3,800–₹3,900 over the next few weeks.

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