MotherSon SumiLooking Good For Swing, Mother Gave a Cup & Hndle Patter at 1Week Time Frame
KEEP ON RADAR
MOTHERSON trade ideas
MOTHERSON Made price action this stock is in a very big range, we got an opportunity in range if you watch, you will get the idea.
MOTHERSON @ Crucial LevelThe stock is looking good for up move because of following reasons,
1. Stock above all crucial EMAs in weekly and Daily TF.
2. Huge Volume in Daily TF
3. Challenging the Annual Pivot (101.75)
4. Completed Correction Wave 2-3 in Weekly Time frame and starting Impulse wave 3-4.
MOTHERSON - Bullish Consolidation Breakout with VolumesNSE: MOTHERSON is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 9% to 14% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
MothersumiMothersumi
Ready for big move one cross 101
This stock has underperformed can hit 120+
Invest
#MOTHERSON (Monthly)⚡️FIIs increasing stake
⚡️450% return from Mar 20 to Jun 21
⚡️Sideways since Jun 21
⚡️Cup and Handle Pattern
⚡️Fibo 0.5 level of downfall acting as resistance
⚡️Momentum expected above 108
🔴 SL 90
🟡 CMP 95
🟢 TGT 105/119/143
Samvardhana Motherson International Ltd 🚀🚀🚀Early entry setup with very small stop loss.
Early bird catches its prey.
Upside possible 📈Breaking above the gap will give good returns + the price is now at R2 (Resistance 2) Pivot support - Safe play I feel
But hold on - It's your hard earned money at the end of the day, so don't follow anyone blindly - Do your own analysis 📌
MOTHERSON - Weekly AnalysisIn the Weekly Chart of MOTHERSON ,
we can see that, it is about to give Cup & Handle breakout which is also inside a Big Cup & Handle.
It might respect the Trendline and then give a momentum.
Motherson short term bullishReady to move up after breakout consolidation
Buy above 98
Stop 96
Target 105
motherson-long price above EMAs, bouncing from 200 EMA
price breaking pivot with a bullish engulfing bar
target and SL marked
Motherson trading strategyThe stock has broken out of a consolidation pattern on the daily chart, suggesting increased optimism. On the daily chart the stock is hovering within a broadening wedge. Additionally, it remains above the critical moving averages, further indicating an uptrend. In the short term, the stock may reach 110 as long as it stays above 90.
Motherson Price ActionBuy Motherson On Any Weekly Close Above 97.05
SL - 90 ( Weekly Closing Basis )
Target - Open
MOTHERSON#MOTHERSON, after a breakout a few weeks ago, retraced near the breakout zone. The recent bullish candle, coupled with improved relative strength, suggests the stock is poised for an upward move.
Motherson sumi breakout - LongMotherson sumi has been consolidating in a falling wedge pattern for about two months now.
It showed some strength yesterday. Today it broke out of the falling wedge with a solid volume too.
Do note the point from where it took support yesterday is also the price(86 ish) where the gap was created on July4-5th 2023.
Stop loss -86
Target 1 - 98.5
Target 2 - 103
Target 3 - 120
Buy the dip.
Disclaimer: I do have positions in this. And would be selling it as and when I see fit.
MOTHERSON - Weekly AnalysisIn the Weekly Chart of MOTHERSON ,
we can see that, it has made a Decision making candle near support.
Possible momentums are shown in chart.
Bearish MOTHERSONStrong resistance now after a upmove. OI indicators showing good resistance and short buildup is creating on the resistance side.
MOTHERSON AT CHANNEL BREAKOUT & RETEST Currently Channel Breakout & Retested waiting for Up Move................BUY 93.3/94 SL 90.90 TGT 100/101/103+
Probable downtrend starts hereProbable downtrend starts here. lets see. NSE:MOTHERSON
Trade with hedge and Stop loss . Ensure bearable max loss is predefined else dont trade.
MothersonMotherson is showing strong support levels and is trading on support. So might go to stars. Trade with caution.
#Educational #Automobile #Mothersun Sumi - SellMthrsn : looking bearish.
> Sumitomo Wining Systems sell their stake of rupee 1600 crs.
> Dead crossover on higher timeframe.
> RSI left all the strength.
> Volumes supported.
Expected targets in near term would be 50 to 45.
Motherson Reversal setupMOTHERSON getting reversal sign. Near the pivot points with volume supporting change in direction.
