Market Watch

Saturday, November 13, 2010

TVS Motor Company Ltd

TVS Motor Company Ltd

Rs. 79.25 0.70 (0.89%)

Date: November 12, 2010

Ashuu Kakkarr - Tech Analyst, ashuukakkarr.com (Hold)

The stock had a good rise from a low of 30 in February this year to a high of 93. However, profit booking looks on the anvil and the stock might come down to the support levels of 60-48-40.

AK Prabhakar - Equity Analyst (Sell)

The two wheeler segment is likely to perform but the market is overvalued at this time so wait for correction to buy.