• On the daily chart, the stock has formed an “inverse head and shoulder” indicating a short term trend reversal • This breakout is accompanied with huge volumes indicating increased participation • In addition, the stock has confirmed higher tops and bottoms TVS Motor Company Limited Weekly Tech Picks 27 May,2022• The stock is well placed above its 20, 50 , 100 and 200 SMA which reconfirmed bullish trend • The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength in near term. • The above analysis indicate an upside of 765-790 levels. • *Holding period is 3 to 4 weeks.