Signals, Powered By EquityPandit
Tvs Motor closed the previous week on a negative note losing 4.41%.
Technically, Tvs Motor share price will see immediate support at 1,863.63 and immediate resistance would be seen at 1,949.88.
If Tvs Motor share price closes below immediate support of 1,863.63, then sharp breakdown can be seen. Tvs Motor share price will see major support at 1,824.57 for the week.
On the positive side, immediate resistance will be seen at 1,949.88. Closing above 1,949.88, Tvs Motor share price will see a sharp breakout. Major resistance for Tvs Motor share price will be seen at 1,997.07 for the week.
Trading range for Tvs Motor share price for this week should be between 1,777.38 on down side and 2,036.13 on up side.
Tvs Motor Previous Week High: 1958
Tvs Motor Previous Week Low: 1871.75
Tvs Motor Previous Week Range: 86.25 Points
Tvs Motor share price support and resistance for the week (December 11, 2023 – December 15, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 2,036.13 |
| Resistance 2 | 1,997.07 |
| Resistance 1 | 1,949.88 |
| Support 1 | 1,863.63 |
| Support 2 | 1,824.57 |
| Support 3 | 1,777.38 |
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