© 2024 Partha Kuchana. All rights reserved. Unauthorized reproduction or distribution is strictly prohibited. Visit
ParthaKuchana.com for more information.
TVS Holdings Limited (TVSHLTD) Stock - Complete Technical Analysis - Dec 16, 2024
TVS Holdings Stock Analysis: Key Levels to Watch for Breakouts and Pullbacks
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.
TVS Holdings Limited (TVSHLTD) is currently in a state of indecision, with a spinning top candlestick pattern indicating a pause or potential reversal. Trading at 11,611.55, the stock has shown volatility with price swings but lacks a clear direction at the moment. The RSI is just below the overbought territory, and the stock's momentum is supported by positive MACD readings, which suggests that it could still see upside potential.
Key support levels are at 11,445, with secondary support around 11,400. If the stock fails to hold these levels, a correction could occur. However, if the stock manages to maintain above these support zones, it could look to test resistance near 11,795. A breakout above this resistance would set the stage for potential gains toward 12,000 and the 52-week high of 15,137. Traders should remain cautious of any sudden volatility due to the overbought conditions indicated by the CCI and WPR.
Visit My YouTube Channels for More Content:.
Channel 1 :
ParthaKuchana : For video tutorials on tech, career advice, industry insights, global military tech.
Youtube Channel Link :
View Channel
Youtube Channel Subscription Link : Mention channel subscription link :
Subscribe
Channel 2 :
Partha Kuchana - Finance: For in-depth stock market analysis, technical and fundamental analysis of stocks, investment ideas, and tips.
Youtube Channel Link :
View Channel
Youtube Channel Subscription Link : Mention channel subscription link :
Subscribe
Channel 3 :
Partha Kuchana - Stock Analysis : For in-depth stock market analysis, technical and fundamental analysis of stocks, investment ideas, and tips.
Youtube Channel Link :
View Channel
Youtube Channel Subscription Link : Mention channel subscription link :
Subscribe
Follow me on X :
@ParthaKuchana
Join my Telegram Channel :
ParthaKuchana
© 2024 Partha Kuchana. All rights reserved. Unauthorized reproduction or distribution is strictly prohibited. Visit
ParthaKuchana.com for more information.