Mother son sumi has fall almost 90% from top. The company fundamental is still strong and it wll be. Short term impact has destroyed the price in past 2 year. Target only for our paid members. Keep sl below 47
NSE:MOTHERSUMI long term channel & flag breakout buy near 130 128 sl 120 T 138 146 155
Often Misunderstood concept of Elliot Waves is its usage as a be all and end of technical analysis. Simply put Elliot is not a predictive tool but is the "THEORY" of way the market moves, hence relying on it solely to predict future movement is problematic and the counts change all the time and in "RETROSPECT" Am sure those fanboys may not agree with me but all...
maruti suzuki is going through tough times and may see even more panic but as its market leader will surivive and emerge victorious although may take time but still nothing wrong to stay in it
Been waiting for motherson sumi to break out of the channel but unfortunately doesn't seem likely. Stock may continue it's downward journey.
The Nifty Auto index was trading 1.17 per cent down at 8487.20 around 09:48 am. Today Market is so cool Steel and Pharma Sector is bullish note but nifty auto index is 1.17 per cent down it's very clear think Tata Motors (down 3.27 per cent), Maruti Suzuki IndiaNSE -1.96 % (down 1.97 per cent) , Motherson Sumi SystemsNSE -2.40 % (down 1.92 per cent) and Apollo...
NSE:MOTHERSUMI MotherSon Sumi - TA- Above 150 SL 140 TGT 160-170 10%+++ returns on card
MOTHERSON SUMI SYS Trades using Blue Sky Plus Indicator. Message or Comment to get a free trial of the indicator.
i see the stock crashing by 5/7% in couple of sessions !
3 WAYS TO MOVING IS POSSIBLE FOR MOTHERSON SUMI. EXACT RESISTANCE POINT NOW IF MOVING UP 2 ND RESISTANCE POINT IS HAPPEN. OTHER WAY NOT SURVIVE THIS POINT IT IS POSSIBLE FOR DOWNTREND. PROTECT ITS OWN INDEX.
BSE:MOTHERSUMI has taken resistance at its upper resistance trend line. Stock should take correction from here CMP - 355 Short below 352 Target - 347 / 327