Kshitij_008

Motherson Sumi - - - Short Term BUY

Long
Kshitij_008 Updated   
NSE:MOTHERSUMI   None
Hi
Motherson Sumi has made a bullish candle, and seems poised for a short term rally.
The RSI is above 50.
MACD is very much positive.
We can buy it above 108.60 with SL of 103 and targets could be 118/125/135 and even go till 150.
Trade active:
Trade Active today.
Bullish Closing near end of day, so high chances of getting our target.
Trade active:
Today's high at 121.80, Completed 1st Target of 118.
Can wait for 2nd target of 125, but as of now we can trail the SL to 111.20,as of now.
Lets enjoy the bullish ride.
Trade active:
Almost 2nd target of 125, high made 124.70, Either we can book out or we can change the SL to 114 and hold for higher targets.
Trade closed: target reached:
todays high 127.70
Trade closed.

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