ROUNDING BOTTOM / CUP AND HANDLE IN TVS ELECTRONICS
ROUNDING BOTTOM / CUP AND HANDLE FORMATION IN TVS ELECT
Strong downtrend since April 18, then consolidation for almost 2.5-3 years with voulme accumlation in last 6-8 months
Rounding Bottom pattern Target suggests 4x to 5x levels whereas Pivot levels suggest tgt of 450
Buy above 230
TGT 335-450-550 (Pivot)
1000-1250 (Rounding bottom pattern target
SL below 150 on weekly closing basis
Time tgt
Pivot tgt 550 in1.5 -2 years RR 1:3.8
Rounding bottom tgt 1000-1250 in 5-6 years- 2026-2027 RR 1:12
Strong downtrend since April 18, then consolidation for almost 2.5-3 years with voulme accumlation in last 6-8 months
Rounding Bottom pattern Target suggests 4x to 5x levels whereas Pivot levels suggest tgt of 450
Buy above 230
TGT 335-450-550 (Pivot)
1000-1250 (Rounding bottom pattern target
SL below 150 on weekly closing basis
Time tgt
Pivot tgt 550 in1.5 -2 years RR 1:3.8
Rounding bottom tgt 1000-1250 in 5-6 years- 2026-2027 RR 1:12
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.