Lourd_Johnson

Mothersumi - Intermediate to Long Term Investment

Long
Lourd_Johnson Updated   
NSE:MOTHERSUMI   None
Hello All,

I'm here to discuss Mothersumi for Intermediate to Long term Investment and below are the bullish view to go long.

Trend: Uptrend
Volume: Volume spikes seen when markets are accelerating and declining volumes during secondary channels / consolidation.
Secondary Channels: Post break out of secondary channels we have seen 30-40 % move earlier 3-4 times.
Intermediate Target: 263 (All time high)
Negating Bullish View: Any move below 100 will negate the bullish view for now.
Comment:
Negating Bullish View: Any move below *200 will negate the bullish view for now.
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