NSE:MOTHERSUMI
Buy Around 235-240
Target 270, 285, 300++
Stop loss below 224 on Daily Closing Basis
Mothersumi has retraced 50% from the top and reclaim all its gain.
Has formed cup without handle
Given Breakout of Cup Pattern
Good risk-reward trade against 26 points Sl against 60 Points target
Price, Volume, and Momentum positive
Disclaimer -
This is...
Today market fall more than 300 point today.
Hope you all made good money.
Tomorrow we will continue on sell side .
On buy side keep your exposure less and
follow strict stop loss.
level mention on chart.
Another successful analysis .
See how our larval works on Friday .
continue with the trend and sell on rise
till market trading below 15050.
scalping level mention on chart.
level mention in chart .
Tomorrow trade with caution as the market has a wide range from 11780-12020.
Scalping is the best way.
Let the market settle, identify the trend, and then trade on levels.
wish you all Happy trading.
Minor trend-line R 9491 - 9509
The over-consumption has been upper bound of value area, therefore chance to over-consumption at lower bound.
There is no overparticular resistance 9500+.
----------------------------------------------------------
339p GAP
This is " Common Gap " price is not going to break support...
