Neutral for now. Waiting for trend confirmation. It is in consolidating for more than 2 months. The previous resistance one is acting as a strong support zone now and stock has bounced back from it for multiple times. MFI is at 25. Now it is also at a short term trend line and may move upward from here if Nifty is bullish. Nifty support is important for coming...
Short if goes below 200EMA on daily charts. SL 210. Target 187, 174.
Enter with proper risk to reward ratio. follow @prmshwrn to know more trends
NSE:MOTHERSUMI On Daily Time frame it has broken 100DMA and and still trading below 100DMA since last 2 days. It has trapped most of retail traders with their own sentiment that it will shoot up like a rocket on Result day like it did in previous result day. But going in Market with sentiment is always risky. Right now it is in Critical Zone between 220-226...
NSE:MOTHERSUMI Chart is self explanatory about positional trade setup on buy side only. Target and levels are given on chart. If you have any doubt or suggestion, do comment. My personal view is bullish on MOTHERSUMI.
NMDC: good risk-reward and on good supports and good breakout small one a big movement pending keep an eye SBIN: might not give direct movement but still a good breakout as per the structure MotherSUMI: Good structure keep an eye big rewards can be claimed :)
mothersumi chart analysis for intraday and swing trading
keep eye on mothersumi moves. (for educational purpose only)
NSE:MOTHERSUMI Chart is self explanatory about positional trade setup on buy side only. Target and levels are given on chart. If you have any doubt or suggestion, do comment.
motherson sumi is forming descnding trianglr on daily tf can give BO if closes positive tomorrow. one can go with this for quick returns
Clear Price Action in Play Narrowing consolidation will again give a breakout soon Be prepared
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
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....
My personal view on motherson sumi. after a good rally this stock is on consolidation and retracement. After seeing breakout it seems he consolidation is over and it can start new rally upside. if breakout fail it can touch its 200 movingaverage.
MOTHERSUMI: Up trend cheenel formation price movemtum the minor trend breakout after u can expect 3 level Target
Long Mothersumi above 244 after the Bo of TL. Target T1-256 T2-270 SL 235. Ascending pattern Bo higher possibility of the stock. This is for your educational purpose only.
🔴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...
Go long based on your setup and risk to reward ratio. Follow @prmshwrn to know more trend