Motherson Sumi Systems LONG Long

Description

⋅ Nov 30, 2020 6:38 PM

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

⋅ Dec 3, 2020 9:17 AM

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.