The 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...
Ascending triangle breakout in MOTHERSUMI on 1 hour chart. Target can be 159 as per the depth of ascending triangle. Note : For educational purpose only.
NSE:MOTHERSUMI Motherson sumi consolidating in Ascending triangle after resistance breakout Consolidation resistance is horizontal and support is rising Above 140 it can trigger bullish sentiment. Important levels are marked on chart. Happy Trading!
Mothersumi NSE:MOTHERSUMI Weekly Support Reversal Candle Formation. Expecting a recovery from the levels to the 52 W HIGH Watch Volume
NSE:TATAMOTORS #NSE:TATAMOTORS trading bullish and potential marked on chart !! Only for LEarning, not for trade !!
CMP: 137 - Breakdown after breakdown - Today's FnO data is weaker as compared to other stocks - Next levels to watch: 122, 106
Three times price took the same support and without mercy this time it breaks the support and opens down. Sometimes this happens, so always have a backup plan !! Plan 'B' is must . . . :)
If we look at the 1 week timeframe, the picture becomes clear for MOTHERSUMI. The stock is yet to break it's upper trend line. Once the candle closes above the upper trend line, it can be bought for good returns. But until it's broken, you shouldn't jump into it directly. Have patience and wait for the stock to break the trend line. For now add it to your watch...
Mothersumi support and resistance levels S1 : 232 S2 : 216 R1 : 255 R2 : 275 Long setup for now
It's been consolidating for months but is it ready to break now ? YES . 1. It's above 200 MA in weekly candle. 2. Strong bullish formation in support. 3.Cup & saucer pattern formed in weekly time frame . Expecting Tgt levels 525 #happytrading
On the 2 Hour Chart of MOTHERSUMI, we can witness a beautiful Formation of "Bullish Harami" on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to face a resistance initially at around the levels of 225.40, 230.35, and 234.20. Whereas, on the other hand,...
Why this Trade..?? 1. FLAG Pattern Buy or Sell based on the Support Break with Volume Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
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 Follow me for updates on stocks and...
Motherson Sumi - Double Top pattern CMP: 216.50 S1 : 210.90 S2 : 199.50 R1 : 235.50 R2 : 257.15 PS: One can short now for the target of 210 with a SL of 221.70
NSE:MOTHERSUMI Can buy now at 215 or safe trader can buy above 220 SL closing below 205 T 228, 235, 246 Closing above 252 see high of 270+
Motherson Sumi as per monthly, weekly and daily chart analaysis its in consolidation phase and once it breaks above 260 level then its a multi year break out and target 270 level.
MOTHERSUMI (Motherson Sumi) has completed a short-term correction and is poised for the next leg of upmove. 253 and 270 are the next targets in my opinion, with a day close below 220 as SL. Disclaimer: This is not a trading recommendation, but is only a predictive analysis for information and follow-up. NEVER trade without a protective stop-loss in place.
MotherSumi looking good. Can be partially added here.