MCX TVS MOTOR GLENMARK Gann Levels

By | June 23, 2026 8:13 am
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MCX

Positional Outlook: The stock showed a Reversal pattern once closing above 2900

  • Bullish Scenario: If the price gives a confirmed close above 2900, it triggers a fresh breakout, potentially opening room for an upside rally towards 3000 and 3100.

Intraday Key Levels: The price is currently consolidating. Watch these pivot points for direction:

  • Strength (Upside): A sustained move above 2900 indicates bullish momentum. If this holds, the next resistance levels to watch are 2929, 2958 and 3000.

    • Support/Invalidation: This setup technically weakens if the price drops back below 2870.

  • Weakness (Downside): Selling pressure typically intensifies below 2850. A breakdown here could see the price test lower supports at 2828, 2800 or 2777.

    • Resistance/Invalidation: This negative view is negated if the price reclaims 2888.

 

TVS MOTOR

 Positional Outlook: The stock showed a reversal pattern once closing above Gann Level of 3500

  • Bullish Scenario: If the price gives a confirmed close above 3500, it triggers a fresh breakout, potentially opening room for an upside rally towards 3541 and 3600.

Intraday Key Levels: The price is currently consolidating. Watch these pivot points for direction:

  • Strength (Upside): A sustained move above 3500 indicates bullish momentum. If this holds, the next resistance levels to watch are 3525 3555 and 3580.

    • Support/Invalidation: This setup technically weakens if the price drops back below 3450.

  • Weakness (Downside): Selling pressure typically intensifies below 3450. A breakdown here could see the price test lower supports at 3416, 3385 and 3350.

    • Resistance/Invalidation: This negative view is negated if the price reclaims 3475.

Glenmark

 Positional Outlook: The stock showed a reversal pattern once closing above Octave Point 2222

  • Bullish Scenario: If the price gives a confirmed close above 2222, it triggers a fresh breakout, potentially opening room for an upside rally towards 2283and 2347.

Intraday Key Levels: The price is currently consolidating. Watch these pivot points for direction:

  • Strength (Upside): A sustained move above 2222 indicates bullish momentum. If this holds, the next resistance levels to watch are 2244, 2266 and 2288

    • Support/Invalidation: This setup technically weakens if the price drops back below 2200.

  • Weakness (Downside): Selling pressure typically intensifies below 2196 . A breakdown here could see the price test lower supports at 2170 2150 or 2125 .

    • Resistance/Invalidation: This negative view is negated if the price reclaims 2210.

 

 

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  • All prices relate to the NSE Spot/Cash Market

  • Calls are based on the previous trading day’s price activity.

  • Intraday call is valid for the next trading session only unless otherwise mentioned.

  • Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

  • Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

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