NSE:MOTHERSUMI 228 -Running in H&S Pattern - Coming Towards Neckline -Next level to watch 195-200 -Resistance near 258
it formed W Shape, it is going to blast every thing in the chart
NSE:MOTHERSUMI On Daily Time frame it has broken 100DMA and and still trading below 100DMA since last 2 days. It has trapped most of retail traders with their own sentiment that it will shoot up like a rocket on Result day like it did in previous result day. But going in Market with sentiment is always risky. Right now it is in Critical Zone between 220-226...
NSE:MOTHERSUMI Chart is self explanatory about positional trade setup on buy side only. Target and levels are given on chart. If you have any doubt or suggestion, do comment. My personal view is bullish on MOTHERSUMI.
NSE:MOTHERSUMI Chart is self explanatory about positional trade setup on buy side only. Target and levels are given on chart. If you have any doubt or suggestion, do comment.
NSE:MOTHERSUMI This is for Positional Trade Mothersumi is forming double bottom pattern same like it did before. I have marked the formation of double bottom pattern and also the previous formation of it. You can take position once the neckline will get tested for support. And then it will be easy target of 35-40 points up move in just couple of days....
Hey everyone! There is a rounding pattern formation in Motherson Sumi. Go through the chart, it is self-explanatory. I'm long on this stock as fundamentally also it is very strong. The results are on 4-6-21. So keep it on your watchlist. Feel free to share any reviews or feedbacks. Disclaimer: This analysis is only for educational purposes.
Sell on rise near 225-30 region with sl of 238 or sell below 210 keeping SL of 230 AND look for the target area of 195/175
motherson sumi can go for 250 plus in short term.. respecting channel one cad add small quantity here and then at bottom of channel around 190 if its comes.. long way to go..
Don't sell Mother son on this dip, big breakout will happen NeXT day. Just fooling here to sell, very bullish on daily chart, about to breakout upward in a day or two
Mothersumi perfect buy on 210.5-211 and sell on 236 ( this stock have strong resistance on 236-238) so better to remain in till 236. After ideas will be publish later.
50 Ema crossed 200 Ema It recently filled gap at 199.85 and took support and now moving up the resistance levels are marked you can act accordingly
Motherson Sumi near support and 200dma On upper side if breaks 108, First Tgt 115, 121 (treandline resistance) Sl can be maintained below the support line (104.35) Swing short should be avoided as long as it doesnt break 200 dma as well.
TARGETS IN IMAGE IF YOU WANT MORE ANALYSIS COMMENT DOWN
Note: This is for educational purpose only. There is no confirmation yet but seems there might be a channel breakout (bearish) as there is huge selling volume. However, confirmation is needed as the channel has not broken downwards.
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.