TVS Motor Breaks Key ₹2850 Resistance | Fresh Upside Potential Towards ₹3300

TVS Motor has broken its crucial resistance of ₹2850, confirming a major breakout. With strong financial performance and bullish technical signals, the stock may move towards ₹3300 soon.

5/17/20251 min read

📊 Sector Overview:

  • Stock Name: TVS Motor Company Ltd

  • Symbol: TVSMOTOR

  • Exchange: NSE

  • Sector: Automobile

  • Industry: Two-Wheelers

  • Current Price: ₹2841

  • Target Price: ₹3300

  • Type: Breakout Stock

  • Close Within 52-Week High Zone: ✅ Yes

  • Stock Outperforming Benchmark Index (1 Week & 3 Months): ✅ Yes

  • Stock Outperforming Sectoral Index (1 Week & 3 Months): ✅ Yes

  • Momentum Score (1M 3M 6M) in Bullish Zone: ✅ Yes

  • Delivery Percentage:

    • 1 Month Average: ~53%

    • 14th & 15th may : ~62%

🔎 Why this Sector Looks Strong?

  • Major breakout above strong resistance of ₹2850 (Oct 2024 level)

  • Near all-time high of ₹2958; potential to scale new highs

  • Strong YoY revenue and profit growth in FY25

  • High delivery volume suggests smart buying interest

  • Momentum indicators turning positive across all key timeframes

🧾 Latest Financial Performance (March 2025 Quarter):

  • FY25 Revenue: ₹44,158.57 Cr (↑13.5% YoY)

  • FY25 Net Profit: ₹2,379.81 Cr (↑33.8% YoY)

🎯 Target, Stop Loss & Time Horizon:

  • 🎯 Target Zone: ₹3150 – ₹3300

  • 🔒 Stop Loss: ₹2680

  • ⏳ Time Horizon:

    • Medium-Term: 3.5-5 months for for ₹3300

🧭 Technical Snapshot

  • Breakout Level: ₹2850

  • Resistance Broken: Yes (Oct 2024 resistance)

  • All-Time High: ₹2958

  • Current Price Action: Near ATH with fresh breakout

  • Momentum Indicators: Bullish (1M, 3M, 6M)