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Inversecupandhandle

#Mothersumi Good short term buy As we can see #mothersonsumi system has formed an inverse cup and currently forming a channel where we can expect few levels for a short-term period. Below is the level Level 1:- Closing and Sustaining above 221.95 Level 2:- 230 (Once this target is achieved we can expect a shortfall followed by a small bull run) Also, the indicators are showing a good buying sign, MACD - cut up Rsi - 54.34 All the levels mentioned can also be considered as Support and Resistance lines.
MLong
by Dhaval_Parekh