Mothersonsumilong
Mothersumi breaks out once againPrice once again breaks out from the pattern and if closes above 120 levels then it should be a good positional buy level.
One would have followed this chart for couple of months and technicals will surely end up with good returns.
Mothersom Sumi : Heavy volume breakout->> Price action Motherson sumi two price action zone observed :
PA zone 1: 92-103
PA zone 2: 105-115
Past 2 candles have broke both the resistance zones with very heavy volume & todays closing is above the strong supply zone.
Hence high chances to go long in the scrip:
T1: 125
T2: 136
SL 106
Motherson Sumi SWING LONGMothersonSumi has broken its long trading range and volume looking good as well.
