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paras0408

MOTHERSON SUMI WRNG: Formed Reversed Head & Shoulder Pattern

Long
MOTHERSON SUMI WRNG IND L (NSE:MSUMI)  
paras0408 Updated   
NSE:MSUMI   MOTHERSON SUMI WRNG IND L
Head and Shoulders mothersonsumiwiring reverseheadandshoulders breakout uptrend
14
0
headandshoulders mothersonsumiwiring reverseheadandshoulders breakout uptrend
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.
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Comment:
If resistance at 59-60 is broken then we can see 62 as next target.
Trade closed: target reached:
Target of 62 is reached.
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