On 26 April,
Reliance breakout the resistence level, and traded near the price levels, making it a Support Zone.
Entry was made on 27 April at 1945, SL at 1930 (Just below the yesterday's low on hourly charts), Target was at 1980 levels (resistence)
Target Hit and Profit made of 35 Points.
New Entry at 1985 if it continues to hold above it on Hourly Charts and...
Motherson Sumi good for long term investment. One can allocate some quantities in small tranches.
Buy more at 170 and 150.
Long Term Target of 500+ (Duration 1-2 Years, Electric Cars will be a key development)
Note: Only for educational purpose.
Happiest Minds is forming a triangle, upward breakout will give a boost, however, a downward breakout is also possible as MACD is suggesting downside possible. RSI is consolidating so we need to wait for Monday.
Buy above 555, SL 525, Target 600+
Sell Below 525, SL 555, Target 450-