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UnknownUnicorn3695783
Jul 29, 2019 7:16 PM

MOTHER SONS SUMI LTD. SUDDEN SPIKE EXPECTED 

Description

Mothersons Sumi Ltd. is continuously making Long Term Parallel Channel Pattern in a Downward Zone.

On weekly Chart, Having Long major Support at the Range of 100-104.

If make good support then Upside Sudden Spike is expected in the Channel pattern and Along with Fibonacci Range with 23.60% Retrace range of 134-144 Levels.


Major Support -- 100-104
Upside Range -- 118-132-144
Time Frame -- 1-2 Months.

For Education Purpose Only.

Trade closed: target reached

upside tgt of 144 reached .....trade closed.
Comments
chvijaykumardent
Very good analysis.
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