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FDWMS Research Report - TVS Electronics Ltd.
FDWMS Research Report - TVS Electronics Ltd.
FDWMS Research Report - TVS Electronics Ltd.
• TVS Electronics has delivered good returns in the past 5 years to the investors.
The initial rally in TVS Electronics started in Oct' 13 when prices bottomed out
• The bull market then saw the prices of TVS Electronics surging to as high as Rs.
in July' 17 and we expect the stock price to appreciate significantly from current
• The consolidation happening just below the 45-degree resistance trend line
• The 1.6% x 5 Box PF, appears to be preparing for breakout after 6 months of
• The latest up move has only strengthened the odd of a breakout in TVS
ELECTRONICS and we expect the stock to do well in the next 6 months or so.
Report continued
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