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MSUMI

MSUMI - breakout given with good entry point. long termNSE:MSUMI cmp 78 gave clear breakout above 75 now heading towards new high excellent entry point and worth keeping for long term The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
NSE:MSUMILong
by ajaykalashi
Will Motherson Wiring (MSUMI) ride with other auto ancillaries?After NiftyAuto n its stocks saw nice momentum, now with good results in Auto proxy Ancillaries sector, stocks are also performing: Balkrishna Ind, Amara raja, Exide, Uno Minda, JBM Auto, Lumax, Rico auto showing good demand. Now come to MSUMI analysis, why it can give returns? FA: -First of all decent growing QoQ, YoY and overall FY24 growth results for the company. -ROE: 42.4% (highest among top leaders and ROCE: 48% -Debt to equity : 0.15 (low) TA: -DTL BO Anticipation (Down Trend Line Breakout), tested trend line(TL) 6 times. -HLs -VCP in action -Green vol > Red Vol (only concern can be big supply on 17/may but it can taken as final flushing of supplier from TL resistance, if now tested can break easily) -Shakeouts are there (kicking out weak players) -Tight closes with low vol Overall loving the setup if possible will take cheat entry (Cheat : early entry from small base before BO in anticipation of BO)
NSE:MSUMILong
by takmanish007
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