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....
BUY at support
This is Motherson Sumi daily chart. The price is consolidating in a head & shoulder pattern. And for support levels we can see the rejections are getting weeker. So there is high chance that it will break this level of 227₹. If it breaks this level we can see a downside upto 215₹-212₹
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to break out or break down. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. For Educational Purpose Only.
Mothersumi has taken support from the resistance turned support at 235 and the uptrend line to form a pole and flag pattern. Watch out for a break above the upper edge of the flag and the 52 week high for a target of fibonacci pivot. Note: Please do not follow my idea blindly, analyze yourself as well. I just share my idea so that people can build upon the same....
Volatility contracting from left to right. Buy Range: CMP SL: 8% max Target: 30%
Perfect levels and perfect analysis. Please see the rsi divergence if you understand it, I leave it upto you what to do. Trade Wisely and Smartly
MOTHERSONSUMI Above 241.6 Bullish Target 265, 288 SL : 230 Risk is yours and Reward is too yours
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.
NSE:MOTHERSUMI It is trading inside a uptrend channel. Currently made a rejection candle at a confulence area( channel support+200ema/5min+61.8%of fib level). a good momentum can be seen above the marked levels
ITS A CUP & HANDLE PATTERN BREAKOUT.. GOOD TO BUY AT THESE LEVEL.. CMP : - 244 TGT : - 260 ++ SL : - 220 Company has been maintaining a healthy dividend payout of 33.17%.
Buy Motherson Sumi at 226-230 area ..stoploss 215 Target 240 and above Study: Stock retesting the previous breakout level
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
Go long if price holds the level of 205 for target of 220/225 . Later Sell the stock facing resistance near 225 area. If prices failed to cross 205 & later breaks below 195 then go short for the target of 180's & 175.
breakout with heavy volumn ..... More good really will come in upcoing trading session.. If it sustain above 226 on 1hr candle then the targets as shown in charts BUY ABOVE -226 or 227 SL-218 Take trade wisely as per ur risk ...
MOTHERSUMI TRADING SCENARIOS FOR UPCOMING WEEK WITH RISK-REWARD Please watch through the end.DO NOT skip any part of the video or fast forward as you may miss important discussion point on the levels and entry exit triggers. This is my view and is should not to be construed as BUY or SELL recommendation. Please use your discretion before taking any position in...