Mothersonsumi
MOTHERSON SUMI - Intraday Trading SetupSmart money accumulated before starting uptrend.
They will try to defend the position by buying when price comes into buy zone.
Note - High volatility before 9:30am and after 2:45pm. Manage risk accordingly.
Motherson Sumi SWING LONGMothersonSumi has broken its long trading range and volume looking good as well.
Motherson Sumi ascending triangle price patternMotherson Sumi price moving between ascending triangle price pattern. As per my understanding we can breakout tomorrow and day tomorrow. Possibilities are for tomorrow.
Upside target 95/96/97
if any-case we can't see the breakout stock will travel to downside triangle boundaries and than bounces back.if any case unable to sustain and we see breakdown that targets are 92/91/90.
MOTHERSON SUMI Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
MOTHERSON SUMI Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
MOTHERSON SUMI Analysis Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
MOTHERSON SUMI Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Mothersumi - Probably ShortNote: 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.
Motherson Sumi_Long Call_target 137Date: 29 June 2020
Motherson Sumi (CMP 95.30) has taken support at multiple times in the past. Likely chance of upside movement.
Today also stock priced retraced from the day's low and closed near the open price, slightly above the 20 DEMA level.
Immediate upside target will be 100 and down side for SL will be 87.85
Breakout above 100 with increasing volumes should confirm the symmetric triangle pattern with upside target upto 137 and SL at 88.
The price band of 100 and 88 is crucial for stock for massive movement on either sides
MOTHERSON SUMI Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
MOTHERSON SUMI Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Ascending channel formation on short termAscending channel formation on short term and made LL-LH and HL-1
Short term target - 120
MOTHERSON SUMI Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Motherson SumiWhile we have been adding positions in Motherson Sumi first from 70 levels and again when it moved above a Triangle formation, there is a strong case for a fresh long. Friday saw some profit taking at higher levels leading to a long upper wick but the trend seems to be intact. A good buy set up can take the stock to 116 with a stop at 87. Go long for a positional trade
MOTHERSON SUMI Trading SetupAll charts are purely for educational and information purpose only. Invest or Trade at your own risk.
After 90% fall from top it looks positive. 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
