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MOTHERSON : Bearish sequence

Short
TradingSutra Updated   
NSE:MOTHERSUMI   None
Trend Analysis Elliott Wave mothersonsumi autosector elliottwavecorrection
16
3
trendanalysis elliottwaves mothersonsumi autosector elliottwavecorrection
Go long if price holds the level of 205 for target of 220/225 . Later Sell the stock facing resistance near 225 area.

If prices failed to cross 205 & later breaks below 195 then go short for the target of 180's & 175.
Trade closed: target reached
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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