Please let me know the position so that I can guide you better.
a short trade can be planned for tommorow please make sure trade as per your risk and money managment short at 145.40 sl -146.15 target - 143.85 expected before 9;45 am risk to reward - 1;2
NSE:MOTHERSUMI long term channel & flag breakout buy near 130 128 sl 120 T 138 146 155
A clear divergence and a good down fractal which is also corresponding to our AO three consecutive signal. ht tps://youtu. be/ uu7o65rmfX4
Buy Mothersumi at 123 Stoploss 117.8 Target 133 146
Sell @136-137.5 stop loss above 140.5 for a target of 50% retracement of the previous swing.
Sell Motherson Sumi at 133.5 Sl 135.6 Target 129 126
Often Misunderstood concept of Elliot Waves is its usage as a be all and end of technical analysis. Simply put Elliot is not a predictive tool but is the "THEORY" of way the market moves, hence relying on it solely to predict future movement is problematic and the counts change all the time and in "RETROSPECT" Am sure those fanboys may not agree with me but all...
MOTHERSON SUMI (Motherson Sumi Systems Limited) BUY ABOVE 108
Haribol. The Stock has been onward downward spiral for some time. Looking to target Prev lows. Most Ideas for the stock were buy signals so it made sense to be counter retail. Good Luck
The price action is trending down indicating further weakness, which will take the price action further down to 110 and 100 levels, SL 125
FIND YOUR TRADE ..... SUPPORT 118.50-115.00 RANGE UPSIDE 130-139 MAXIMUM POSSIBLITY