Simple Safe Trade Setup | TVS MOTOR |

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TVSMOTOR

Simple Safe Trade setup for TVSMOTOR.

1) On 1 day time frame, it took support from 10DMA and closed just below critical level of 580.

Please refer below chart : 1day Time Frame.


2) On 1 day time frame, it has made spinning top candle with high of 590 level and low of 570 level.
Please refer below chart : 1day Time Frame.


Trade setup mentioned on chart is for safe trade only.
Avoid gap up or gap down chase. Wait and trade between levels.

Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.