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Trading Strategy

TVS Motor Company: Accumulate with a long term perspective
TVS Motors is an extremely bullish stock and this stock too has graduated from being a mid-size stock to a larger cap stock. In the short term though, it looks to be over bought but in the long term, technically, it is likely to test 300 plus levels in the coming 15 months.

     Index Current Change
    Dow Jones Industrial Average (Oct 21) 16474.55 +74.88
    Hang Seng (Oct 21) 23088.58 +18.32
    Jakarta Composite (Oct 21) 5029.34 -11.19

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