TVS MOTOR CUP AND HANDLE FORMATION LONG TERM SWING

Pattern: Cup and Handle (Bullish Continuation Pattern)

Trading Style: Long-Term Swing Trading (holding for several days to weeks, or even longer to capture significant moves)

Current Context (as of July 8, 2025):

TVS Motor Company (TVSMOTOR) last closed around ₹2876.90.

The 52-week high is ₹2960.30.

Recent analyst reports and technical analysis suggest that TVS Motor is near its all-time high (ATH) and there are discussions about a potential breakout above ₹2958 to ₹2960, which could confirm a bullish continuation if the cup and handle pattern is indeed forming.

Your Proposed Trade Setup:

Entry Level:

Safe Trader: Above ₹2960

Risky Trader: ₹2850

Stop Loss (SL):

Risky Trader: If weekly candle closing below ₹2800

Safe Trader: Weekly candle close below ₹2920

Target (TR):

1st Target: ₹3075

2nd Target: ₹3315

3rd Target: ₹4000