Long
Updated

Mothersumi Multi-Year Breakout

This is one of the fundamentally strong company with consistent good returns.
The price is near the 2018 high and facing little resistance. With perfect risk: reward it can deliver minimum 25% returns in very short time. The price can move like Tata motors did.
Note
Entry - CMP
T1 - 310
Note
The green line are minor support down side.
And the blue channel is the major support and resistance
Note
Chances of SL hit. But can bounce back from that level and give breakout above 250

Disclaimer