MothersonSumi | Cup&Handle Pattern under formation | Target 100% Long

Description

⋅ Dec 10, 2021 1:38 PM

NSE:MOTHERSUMI

CUP and HANDLE Pattern under Formation in Monthly Charts

Breakout Zone : Above 240-250 on MCB.

Monthly BO will confirm huge upside targets.

Next Targets : 351 - 418 - 529

SL : 190

Monthly RSI > 60

Comments

vishnubarath1995

⋅ Dec 15, 2021 10:00 AM

Below 210 sustain then Go to 190 bounce back expect target 353 ,, great prediction dude 👍

manuvsingh

⋅ Dec 16, 2021 4:22 AM

@vishnubarath1995, thank you

MarimuthuSuppaya

⋅ Dec 13, 2021 12:05 PM

The specific stocks gives at least 5-10% upside if it has got unusual momentum!

manuvsingh

⋅ Dec 13, 2021 1:14 PM

@MarimuthuSuppaya, Motherson Sumi is having Cup Handle under formation in monthly charts. Once the breakout above 250 happens on monthly basis then the stock is ready to double.
Breakout on Larger Timeframes have lesser probability of fake break out