Already it clearly shows that breakout happened in 1hr and hits the target. For nextday if the candle opens high and takes a support in todays high. Then it is a great opportunity to go long.
As my view Mothersumi in Strong up trend. But Nifty shows some downside as SGX have strong rejection at the crucial time.
So wait for the retracement and go long.
Already Infosys announce to buyback their shares around 1750/Share. Now the stock taking a support at its crucial level. TGT, SL & Entry mentioned in chart. Better go long.
Takes a clear support with this level, keep the SL just below the support at 842 and keep the Target @990. It's acts as a Range bound or a swing with in that zone.
