algomojo

Motherson Sumi - Looking for Reversal

Short
NSE:MOTHERSUMI   None
Motherson Sumi price action shows a possible short term trend reversal post hitting all time high yesterday with resistance getting built around 490 reference. Sentiment turned negative on the daily charts post the price rejecting from the all time high. Short term corrections are expected as long liquidations and profit booking is expected in this counter.

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