TVS Motor, Short term trade

١٤ ديسمبر ٢٠١٦

TVS motor is showing a break out at current levels. Multiple indicators confirm this, the stock is showing strong relative strength to the Nifty Index. Recommend to enter at current levels with stop losses at 365 and 350.

٢٧ ديسمبر ٢٠١٦

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Subsequently this stock has fallen. It would be good to exit at current levels. If the stocks goes below 340 then further correction is likely.