TVS Motor Company clocks 6% sales growth in May 2015 but chart indicating weakness  Observation . 1. On daily chart we can see that TVS motor is  making lower lows and lower highs which is an indication of downtrend . 2. We can also see that each and every pullbacks are consuming more time , when compared to throw backs. 3.We can also see price volume divergences .  Conclusion :- Previous swing high ie 250 is crucial