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..
on month of feb motherson given breakout of rising channel/wedge that breakout retested in this correction earlier gap filled presently given neckline breakout means short term trend reversal so technical says it ready for new high with support of 205 on closing basis. t1-224/230/235
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.
Motherson sumi short first then go long.
H And S Breakout in motherson sumi sys for downside target of 183
A doji can be seen on weekly chart of motherson sumi, indicating possible trend reversal
Motherson Sumi has given a breakout from the levels of 175-180 with a good volume. It seems that it is already going to reach Target 1 without a retest but the lesson has been learnt from the ITC trade: No entry without a successful retest and FOMO is really dangerous. So we can hope that Motherson Sumi gives a good trading opportunity. Cheers !!! Disclaimer:...
Buy with sl below 155 target 182 and 186 Disc : it's not an investment advise to buy or sell
valued stock. targets and SL on the chart. Do your own analysis before taking the position.
Mothersonsumi its bullish and uptrend but now retracing there is dynamic support on Main trendline but it is very far, if you are holding exit below 126 if it does not take support at 127.8 once taken support next target will be 140 & thn 151
Motherson Sumi is showing perfect trend for long in next 2 months. I recommend a target of Rs. 130, it is 28% up from current price.
Short Motherson Sumi as it has seen a bearish RSI Diversion on 15 min charts, a bearish engulfing on resistance in daily charts
TARGETS IN IMAGE IF YOU WANT MORE ANALYSIS COMMENT DOWN
Smart 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.