Motherson Sumi Systems LONG

shaleenbansal Updated   
Stock is making a flag like pattern on daily TF.

Buy above 150 with stop loss at 148.

This is a parabolic move and the stock is Overbought on RSI . Hence look for booking quick profits.

Trade closed: target reached: Booked 5% profit here. It still has upside left and can go to 165 but booking profits right now since I am skeptical of correction in index.

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