There is a rounding pattern formation in Motherson Sumi. Go through the chart, it is self-explanatory. I'm long on this stock as fundamentally also it is very strong. The results are on 4-6-21. So keep it on your watchlist.
Feel free to share any reviews or feedbacks.
Disclaimer: This analysis is only for educational purposes.
Brother.... today I took this trade 1000 QTY. Can you pls mention the targets for this stock. Thank you for the chart and educating us.
manakupadhyay
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@federalMagpie90736, It depends on the time you want to stay invested in this stock. Say, you are holding it for 1 year, then I think 25-30% is very good considering the fact that it is fundamentally a good company.
federalMagpie90736
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@manakupadhyay, Thank you for the immediate reply. Keep learning and educating... cheers