MOTHERSON : Bearish sequence Short

Description

⋅ Apr 17, 2021 12:00 PM

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

⋅ Apr 30, 2021 4:41 AM

Comments

seventhtrader007

⋅ Apr 18, 2021 6:54 PM

I guess this entire wave is B wave of previous correction.

mcpriceaction

⋅ Apr 18, 2021 5:06 AM

mothersoumi is inflated very soon balloon may ballast. agreed with your bearish mode. good analysis

UnknownUnicorn7637383

⋅ Apr 18, 2021 2:25 AM

One question sir, why did you drawn support at low of daily candles?