TVS Motor Company (NSE: TVSMOTOR) — Swing Breakout Setup 'D'TVS Motor Company LimitedNSE:TVSMOTORTEDXTradesindiaTimeframe: 1D Structure: Pullback → Base Formation → Breakout Attempt 🔎 Technical Overview TVSMOTOR is currently trading near the prior swing high zone around ₹3,900–3,950 after forming a higher low structure on the daily timeframe. The recent price action shows constructive consolidation followed by renewed buying interest, supported by volume expansion. Fibonacci projections from the previous impulse leg indicate that price has reclaimed the 0 level (₹3,901), signaling strength. The structure suggests a potential continuation move if the breakout sustains. Momentum remains positive, although slightly cooling, which indicates healthy consolidation rather than immediate exhaustion. 📌 Key Levels to Watch Immediate Support: ₹3,900–3,910 (breakout retest zone) ₹3,740–3,750 (0.5 Fib support) Resistance / Upside Projections: ₹4,050 (first supply zone) ₹4,130–4,150 (major resistance cluster / Fib 0.618 extension) ₹4,300 (extended bullish projection if momentum accelerates) 🎯 Trading Plan (Swing Bias) Bullish Case: A sustained move and daily close above ₹3,970 with strong volume confirmation could trigger continuation toward ₹4,050 and potentially ₹4,130–4,150. Pullback Scenario: Failure to hold ₹3,900 may lead to retracement toward ₹3,750, where buyers may attempt to defend structure. Invalidation Level: A decisive daily close below ₹3,740 would weaken the bullish structure and negate the breakout thesis. 📈 Bias Short-term: Bullish above ₹3,900 Medium-term: Uptrend continuation structure intact Risk-reward favorable near breakout base with defined stop ⚠️ Risk Disclosure This analysis is for educational purposes only and reflects personal technical observations based on price structure and Fibonacci projections. Markets are subject to volatility, liquidity shifts, and broader index sentiment. Traders should conduct their own research, assess their risk tolerance, and use proper position sizing before taking any trades. No recommendation to buy or sell securities is intended.