Hello traders another chart that caught my eyes was Mothersumi, I have analysed and traded it in the past.
Mothersumi is taking support from it's long-term trendline and also from the existing channel pattern it is trading in.
RSI have room for bulls.
MACD looks good.
Buy near - 210-215
Targets mentioned in the chart above
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share name : mother sumu system
call type : poistional
- high of 2017 (263 rs) is acting as a huge res.
- cup and handle pattern
- a doji can been seen on top
- exhaustion gap on top
- ab=cd forming
if price comes, we can initate a buying at
price - 170 rs with sl of sl 150
approchable target 450