As per the above chart NSE:MOTHERSON is bullish has given a breakout and can go till the upper line of the channel, If it breaks the channel there is possibility of further upside. But till now it looks like its going in Correction wave ABC. Where wave C can go till Ext fibo ratio of 1.272 or 1.618 . Safe to book near 1.272, Considering the bigger timeframe...
BSE:MOTHERSON One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. Close should be good, and Clean. R:R ratio should be 1 :2 . Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Motherson | MothersonSumi #Motherson #MothersonSumi #trading #fallingwedgepattern CMP 119.55 Might be getting ready for a breakout from a falling wedge pattern. Volumes are increasing as well.
NSE:BHARATFORG #BHARATFORG trading bullish and formed ascending triangle. Levels marked on chart for practice. Happy LEarning !! Do Check our today's results and feedback to my direct chat.
NSE:MOTHERSUMI Motherson sumi stock heading towards harmonic support PRZ 122.60 Stop Loss:- 119.55 (closing basis) first target gap filling ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not...
NSE:MOTHERSUMI Observations: 1) On 1hr time frame, we can see it has been trading in 10point range from 132-142. Please refer below chart : 1hr time frame. 2) On 15min time frame we can see it is at the support channel. There can be chance if it takes support from it then we can see an buying but remember immediate breakout level is 142. But if it...
The chances of trade being successful increase when you combine Price action with Indicators. This Trade setup uses Weekly and daily timeframes and two indicators – RSI & MACD. Stock: Motherson Sumi CMP: 135.65 Type: Swing Trade (delivery) Buy level: 139.50 (on a breakout above rejection candle high on weekly timeframe) SL: 119.40 (Slightly below rejection...
Mother son sumi system Simple price action for long term
Mothersumi NSE:MOTHERSUMI Weekly Support Reversal Candle Formation. Expecting a recovery from the levels to the 52 W HIGH Watch Volume
MOTHERSON SUMI WEEKLY CANDLES Support levels PULLBACK RSI at low level
On the 2 Hour Chart of MOTHERSUMI, we can witness a beautiful Formation of "Bullish Harami" on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to face a resistance initially at around the levels of 225.40, 230.35, and 234.20. Whereas, on the other hand,...
NSE:MOTHERSUMI CUP and HANDLE Pattern under Formation in Monthly Charts Breakout Zone : Above 240-250 on MCB. Monthly BO will confirm huge upside targets. Next Targets : 351 - 418 - 529 SL : 190 Monthly RSI > 60
wait for the market to get steady and add this stock. Looks like the semi conductor issue is solved
NSE:MOTHERSUMI Can buy now at 215 or safe trader can buy above 220 SL closing below 205 T 228, 235, 246 Closing above 252 see high of 270+
Trade based: Weekly sideways. Hr tf if market break the support then we can expect a fall in upcoming days. (either it can retest or not)
Motherson Sumi as per monthly, weekly and daily chart analaysis its in consolidation phase and once it breaks above 260 level then its a multi year break out and target 270 level.
mothersumi chart analysis for intraday and swing trading
This is one of the fundamentally strong company with consistent good returns. The price is near the 2018 high and facing little resistance. With perfect risk: reward it can deliver minimum 25% returns in very short time. The price can move like Tata motors did.