TVS Motor Company Ltd.

TVS Motor Company Ltd. trading in a rising channel and taking support from the convergence of support zone, lower line of the channel and Kijun Sen line of Ichimoku. Likely to see further strength in the coming days until the stock stays above 423-430 zone. RSI too taking support right above 50 level which suggest strength as of now. Overall a very good risk reward setup. Probable resistance in the short term comes at 460 and then at 477.
Chart PatternsTechnical IndicatorsTrend Analysis

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