It looks like mother Sumi has completed the 4th wave correction, and the ending point of the corrective wave (4) is the starting point of wave (5). Wave (4) is occurring in double three corrections. A "double three" consists of two corrective patterns, the first labeled W, and the second label Y, separated by a corrective pattern on the opposite side, which is...
Motherson sumi on a daily chart showing signs of RSI divergence. May come down to 140 levels. If break upper trend line, we can expect more upside
Mothersonsumi is again trading inside the channel. Look for breakout or doji at the resistance and go for the trade
i will trade above 115 only
DISCLAIMER: THESE ARE MY PERSONAL VIEWS AND ARE ONLY FOR EDUCATIONAL PURPOSE. IF YOU HAVE ANY DIFFRENT VIEW LET ME KNOW.