Bravetotrade
Short

Motherson Sumi: Lurking in the channel

NSE:MOTHERSUMI   MOTHERSON SUMI SYS
Hello fellows,
Thanks for your support.

Notes on the chart. A probable shorting opportunity into the resistance. I will wait for a bearish pattern ; or spiking volume with either barely minimum or negative price action on upside.

Your likes do motivate for better posts.

Best Regards
Afraidtotrade
Jun 29
Comment: Book partial @ 458
Jun 29
Comment: T1 reached
Jun 29
Trade closed: target reached: T2 hit
Jun 30
Comment: Keep under watch for any buy signals.

Jun 30
Comment: Mother-son relationship is strong

Jul 03
Comment: Watch 456-458 for buying a setup
Jul 03
Comment:
Jul 04
Comment:
Agree, looks a decent short trade.
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Bravetotrade xclusiv_abhi
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xclusiv_abhi Bravetotrade
@Afraidtotrade, Almost 10 rs in the money. Good Show !!
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Bravetotrade xclusiv_abhi
@xclusiv_abhi, well played.
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am already long in this counter at 430 levels.. so what u suggest book profit?
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Bravetotrade Rajarshita_RS
@Rajarshita_RS, If and when u notice some bearish pattern..I think yes. Rest all depends on your time frame for the trade.
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