While we have been adding positions in Motherson Sumi first from 70 levels and again when it moved above a Triangle formation, there is a strong case for a fresh long. Friday saw some profit taking at higher levels leading to a long upper wick but the trend seems to be intact. A good buy set up can take the stock to 116 with a stop at 87. Go long for a positional trade
CUMINS MAKING BULLISH PATTERN BUY ABOVE PRV DAY HIGH SL PRV DAY HALF OF THE BODY. TGT 1-2-% FROM ENTRY.
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