JPALANISAMY

MOTHERSUMI

Long
NSE:MOTHERSUMI   None
After giving the target (45) for inverted cup with handle pattern, stock taking supports from 54.90 and Marche towards the previously broken support of 97.35 and retesting as Resistance.

Go long decisively broken on closing basis of Resistance 97.35
1 st Target-138, 2nd Target 150
Stop loss-88
Comment:
An inside Bar formed today in day chart in the range of 88 to 98
I think in may be trade in the range of 88 to 98 for a while.
Comment:
Revised Stop loss-94
Comment:
SL -102
Trade closed: stop reached
Trade active:
New SL for Down 105
1 st Target-138, 2nd Target 150
Trade closed: target reached:
2 ND TARGET REACHED
Comment:
From Aug-13 to Dec-07-5 months-50 points
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