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MOTHERSUMI

MOTHERSON at All time high BreakoutNSE:MOTHERSON stock is consolidating at All Time High levels after strong run. Yesterday spike in volume indicates strong accumulation in consolidation phase and stock is getting ready for breakout. After Resistance Breakout above 210 stock will make fresh higher highs again. Support levels in short term at 192-195 and for mid to long term at 185 on the upside 230 and 250 possible with current pattern. Education purpose only. No buy sell recommendation
NSE:MOTHERSONLong
by Prabodhan_K
MSUMI Analysis & PredictionThis is the analysis of MSUMI in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About MSUMI: Motherson Sumi Wiring India Ltd. engages in the manufacture and sale of wire harnesses, components, and wires to automotive original equipment manufacturers. The company was founded on July 2, 2020 and is headquartered in Mumbai, India.
NSE:MSUMILong
by suraranjanganguli
Motherson Sumi Wiring : waiting for Rectangular box breakout !!Motherson Sumi Wiring India Limited is a leading and fast-growing full-system solutions provider to OEMs, in the wiring harness segment in India with a market cap of Rs. 22,000.00 . The stock is currently in a range and on strong support @ 50.45 . Aggressive traders may take entry at CMP @ 49.90 as the stop loss is very low. Safe Trader , enter the trade after retesting of the support after break out of the rectangular box @ 51.55 for targets 53.95 , 59.50 and 63.25 with stop loss @ 48.50. Thus the Risk Reward Ratio is ranging from 2.89 to 9.53 . Company's Fundamentals are very strong. Promoter's holding is 61.75% and MF holdings is 15.32 % which is a good percentage and a sign of confidence in this stock. We see a trend reversal in the stock from the strong supply zone before coming in a range box as shown in the graph. Entry @ CMP ( for aggressive ) For safe traders : Break out of the box and re-testing of breakout , Targets 53.95 , 59.50 , 63.25 STOP LOSS : 48.50 Please remember, this study is only for education purpose. Please do your own analysis and trade at your own risk. Do not forget to Boost my study , if you agree with my idea.
NSE:MSUMILong
by chakraveer1104
Motherson in a symmetrical triangle consolidation.Motherson sumi has been consolidating in a triangle pattern from the month of April and is respecting the trend line on daily time frame. It is trading around its 20 DMA. The volume indicator is showing decrease in volumes. On weekly analysis, the stock is taking a resistance from its 200 ema and both the moving averages are close enough. If the stock breaks out of the triangle with volume confirmation, a swing trade can be initiated. Targets :- 132, 135, 144 Stop Loss:- 121 The decrease in the volume is also showing the consolidation phase of the stock. Wait for a break out and its retest to initiate the trade.
BSE:MOTHERSON
by Mambotrade
Simple Trade Setup | MOTHERSUMI | 02-05-2022 [INTRADAY]NSE:MOTHERSUMI Observations: 1) On 1hr time frame, we can see it has been trading in 10point range from 132-142. Please refer below chart : 1hr time frame. 2) On 15min time frame we can see it is at the support channel. There can be chance if it takes support from it then we can see an buying but remember immediate breakout level is 142. But if it gives breakdown of this channel and then retest it and face resistance from it then we can see down move to continue and immediate breakdown level is 132 Till then in range of 132-142 one can trade with scalping. Please refer below chart : 15 time frame. ------------------------------------- Trade Setup for 02-05-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
M
by Trading_hawk
2
Perfect Trade setup using Price Action & Indicator confirmationThe chances of trade being successful increase when you combine Price action with Indicators. This Trade setup uses Weekly and daily timeframes and two indicators – RSI & MACD. Stock: Motherson Sumi CMP: 135.65 Type: Swing Trade (delivery) Buy level: 139.50 (on a breakout above rejection candle high on weekly timeframe) SL: 119.40 (Slightly below rejection candle low on weekly timeframe) Target: 199 Risk/Reward ratio: 2.9 The rationale behind the setup: The chart formed strong resistance at 123rs which was broken by a strong green candle accompanied by above-average volume. The stock rallied up to 272 and then entered the correction phase. Once resistance is broken, it turns into support (change of polarity principle). As shown on the chart, a strong rejection candle with high volume was formed at the resistance turned support level.
MLong
by Sai_Kumar
6