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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTVSMOTOR

Tvs Motor Outlook for the Week (February 19, 2024 – February 23, 2024)

Tvs Motor
Tvs Motor
Tvs Motor closed the previous week on a negative note losing 7.80%.

Technically, Tvs Motor share price will see immediate support at 2,040.87 and immediate resistance would be seen at 2,211.32.

If Tvs Motor share price closes below immediate support of 2,040.87, then sharp breakdown can be seen. Tvs Motor share price will see major support at 1,942.98 for the week.

2200.002200.002150.002150.002100.002100.002050.002050.002000.002000.001950.001950.001900.001900.00Jan 5Jan 5Jan 10Jan 10Jan 15Jan 15Jan 18Jan 18Jan 23Jan 23Jan 29Jan 29Feb 1Feb 1Feb 6Feb 6Feb 9Feb 9Feb 14Feb 14Reversal Level 2083.35BuyBuySell

On the positive side, immediate resistance will be seen at 2,211.32. Closing above 2,211.32, Tvs Motor share price will see a sharp breakout. Major resistance for Tvs Motor share price will be seen at 2,283.88 for the week.

Trading range for Tvs Motor share price for this week should be between 1,870.42 on down side and 2,381.77 on up side.

Tvs Motor Previous Week High: 2186

Tvs Motor Previous Week Low: 2015.55

Tvs Motor Previous Week Range: 170.45 Points

Tvs Motor share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 2,381.77
Resistance 2 2,283.88
Resistance 1 2,211.32
Support 1 2,040.87
Support 2 1,942.98
Support 3 1,870.42
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