TVS Electronics – Multi-Year Breakout Retest

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  • Weekly Chart Analysis – TVS Electronics Limited (TVSELECT)
    The stock has broken out above the ₹550–₹560 resistance zone, which had been holding for several years.
    After a strong breakout, the price retested the breakout zone and is now showing bullish continuation with healthy volume.

    Chart Insights:
    Multi-year breakout confirmed on weekly timeframe
    Price structure forming higher highs and higher lows
    View:
    If the price sustains above ₹580, momentum may continue toward higher levels in upcoming weeks.
    ⚠️ Disclaimer:
    This post reflects my personal analysis and learning purpose only.
    It is not financial advice or a buy/sell recommendation. Always do your own research before taking any trade.

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