ontropronor06

Motherson Price Action Update!!

Long
NSE:MOTHERSUMI   MOTHERSON SUMI SYS
After correcting from highs of 260-265 in June 2021, the stock has taken support on the midterm trend line , that it has been following since April 2020.
As the stock gained support from the breaking point of 200, it started climbing up the ladder with MACD and RSI supporting its price movement.
Despite the price move up, volumes are still awaiting confirmation.