mothersumi : cmp 211
trade setup :
1. buy up to 206 from cmp 211
2. keep stop loss as 180 on closing basis
3. targets : 239 / 270 / 350 / 450 /500+
4. positional equity buy for long term
technical setup:
1. cup and handle
2. trend line support buy
3. stock value buy
note :
buy based completely on long term basis and multiple breakout concepts .
catching stock based on typical handle support zone & trend line support for better returns with minimal stop loss.
handle breakout near 238 to 242 zone & cup breakouts near 270 to 272 .
short term & medium term targets are based on measured handle and long term targets based on measured cup distance .
trade setup :
1. buy up to 206 from cmp 211
2. keep stop loss as 180 on closing basis
3. targets : 239 / 270 / 350 / 450 /500+
4. positional equity buy for long term
technical setup:
1. cup and handle
2. trend line support buy
3. stock value buy
note :
buy based completely on long term basis and multiple breakout concepts .
catching stock based on typical handle support zone & trend line support for better returns with minimal stop loss.
handle breakout near 238 to 242 zone & cup breakouts near 270 to 272 .
short term & medium term targets are based on measured handle and long term targets based on measured cup distance .
Comment:
237+ high
Comment:
245+ high
Comment:
250+ HIGH