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MOTHERSUMI

Motherson Sumi Double Bottom Pattern (will it repeat again)NSE:MOTHERSUMI This is for Positional Trade Mothersumi is forming double bottom pattern same like it did before. I have marked the formation of double bottom pattern and also the previous formation of it. You can take position once the neckline will get tested for support. And then it will be easy target of 35-40 points up move in just couple of days. All the best for trading in next week. Comment below if my Ideas are helping you to understand the levels. Also comment your suggestion or doubts.
MLong
by Trading_hawk
5
Motherson Sumi - Reversal from channel bottom🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
MLong
by PrakWorld_Traders
2
Can you capture 10% in MOTHERSUMI - Swing tradeFor more Ideas go to the bottom of this post --> ✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ I post Good and potential trading ideas on daily basis on this page of mine :) ✺✺ Target: 1000 Followers ✺✺ -> Logic: On supportive trendline, a break of 245 levels can give 10% on upside, Only on D close candle that too bullish ✺IMPORTANT POINT: Firstly do your analysis then only think of this trade and set the risk first, only that amount that you are willing to lose and will not get affected even if you lose it and also that amount if you lose it you won't curse me if the analysis flops hahaha just kidding, jokes apart, be patient to capture the movement and be impatient to get out if its a losing one and SL is triggered, don't put tight SL rather use less capital ✺--------------------------- Motivational and psychological area ✺ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow ✣Don't lose hope and keep grinding ✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily. ✣Focus on the process, you are here to make money not stupid decisions, and lose it all ✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market. ✣Believe in yourself :) ✺------------------------------------ Some info-------------------------- ✺ ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼I don't take all the trades I post ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<< Thank You Have a Nice Trading Day >>>>>>
MLong
by Averoy_Apoorv_Analysis
23
MOTHERSONS Breakout Trade Long Setup NSE:MOTHERSUMI Buy Around 235-240 Target 270, 285, 300++ Stop loss below 224 on Daily Closing Basis Mothersumi has retraced 50% from the top and reclaim all its gain. Has formed cup without handle Given Breakout of Cup Pattern Good risk-reward trade against 26 points Sl against 60 Points target Price, Volume, and Momentum positive Disclaimer - This is our personal view and this analysis is only for educational purposes. Please consult your advisor before investing or trading. You are solely responsible for any decisions you take on basis of our research.
MLong
by Trade_Secrets_By_Pratik
mothersonsumi Levels and viewNSE:MOTHERSUMI Trading in an uptrend channel. currenly it is at the bottom of the uptrend channel + good resistance support zone + important dynamic supports as well. Consider the position for few days as the it can reach the upside of the channel. A strong 15min close below 238 can initiate short position for small target. a 15min close above 248 can give good momentum on upside for intraday. Note. After reaching the bottom of the channel recently it failed to make a new high. Wich can be either weakness in the script or consolidation by the formation of ascending triangle pattern. The volume on short side is greater than buyside which is a concers.
M
by vyas1394