TVS Motor has target of Rs 65: Bothra

TVS Motor has target of Rs 65, says Kunal Bothra, Senior Technical Analyst of LKP.

Bothra told CNBC-TV18, "Buy TVS Motor with a price target of Rs 65. Looking at the daily chart pattern for TVS,  yesterday the intraday pattern showed a sharp bounce from the lows of Rs 59-58 levels and it managed to trade  around Rs 63 mark." He further added, "The daily chart pattern if you look at the volumes, it has been very strong accumulation yesterday  and the momentum is now in the stock, it