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...
NSE:PIIND
Observations:
1) On Daily time frame it has been taking support from 21DMA and trading above 21DMA and now it is near to it's critical resistance level of 3200. On breaout of it, there will be good up move, but if it faces resistance from it then it will be again down move.
Please refer below chart : daily time frame.
2) On 1 hour time we can...
The stock is looking good to buy in the 230-220 zone for 8-15% profit.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
![TINPLATE: [SHORT TERM] BUY TINPLATE](https://s3.tradingview.com/f/fbvjAmZT_mid.png "[SHORT TERM] BUY TINPLATE")
