MOTHERSON SUMI WRNG IND L, looks strong on chart

This lately diversified Motherson company is ready to give a bullish move in coming week up to a level of 85.45. Daily chart has already given breakout from its resistance area, further zooming-in in hourly timeframe, shows breakout from cup & handle pattern with a gap-up. With auto sector looking bullish, it only further confirms the strength of up-move.
autosectorBullish PatternsChart PatternsCup And HandlecupandhandlepatternmothersonTrend Analysistrendfollowing

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