Long
Mothersumi: Long
Motherson Sumi: Financials are good. 12Nov is the next earnings date, we can expect a bull run until then, based on anticipation of good results. Apart from that, technically 257 is strong resistance, before the breakout, we can expect the price to linger around 250-257 levels, post-breakout we can even expect 268 as a target.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.