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Market Trading Guide: TVS Motor among 5 stock recommendations for Thursday – ​Stock Ideas


Goal: Rs 1150-1160
Cease Loss: Rs 1014

This counter seems completely good on the chart. The auto inventory didn’t take part within the present downfall of Nifty and confirmed good energy in a pullback. It’s constantly in an uptrend.

On charts, this inventory is in momentum as all of the counters associated to this had moved on the RSI is 60 approx and in addition provides a bullish sign, and the MACD crosses under the zero line, confirming that bullishness might proceed within the close to time period. Therefore, we advocate shopping for this inventory for a goal of Rs 1,160 with a clear-cut predefined cease lack of Rs 1,014.

(Rakesh Bansal, Accomplice, iamrakeshbansal.com)



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