Clear bearish diversion . Possible Short opportunities Intraday .
## This is not investment advise but my personal views for my own consumption . Trying to learn things . Trade at your own risk post talking to your financial consultant and parents . Stay Safe !!
Bearish Diversion appearing in 1Hr chart . At least from intraday prospective .
## I am not into any kind of trading advisory business . Views are pure person . Trade at your own risk post talking you your financial consultant .
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...
Nifty auto looking strong
Sustaining above 10375 could take it further upside
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
Nifty Auto/Nifty chart has returned from its support on the Daily timeframe. Looks like it's heading back to 0.70 resistance. Auto companies may shine more in the coming weeks.
