vanathi

MotherSumi - April 13 Day Trade!

NSE:MOTHERSUMI   MOTHERSON SUMI SYS
207 views
14
207 2
Mothersumi has taken support at 372 - 374 level forming double bottom . RSI shows hidden bullish divergence . If the price shows strength we can go long. Otherwise price action will break the double bottom and fall further.
Buy above - 374 Stoploss - 372 Targets - 377, 379 and 381
Sell below - 372 Stoploss - 374 Targets - 369, 367 and 365
Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for 13th April 2017 only.
Analysis based on 1. Support & resistance 2. Double bottom 3. RSI
Apr 13
Trade active: @ 374
Join me in telegram to learn & earn. I also post my trades there. https://t.me/Analysis4Newbie
Follow mw here to learn about system trading. https://neomechanicaltrader.home.blog/
I think it will further go dn tgt 365 lets see what happen..
Reply
vanathi rajiv1000
@rajiv1000, You are bearish...
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out