MOTHERSON SUMI WRNG: Formed Reversed Head & Shoulder Pattern
Motherson Sumi Wiring India Ltd has formed reversed Head & Shoulder Pattern.
Can be added around 54-55 with target of 62 and set Stop loss at 52.
Pattern is forming on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Can be added around 54-55 with target of 62 and set Stop loss at 52.
Pattern is forming on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Trade active
Note
If resistance at 59-60 is broken then we can see 62 as next target.Trade closed: target reached
Target of 62 is reached.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.