Mothersumi Next Target 224.4 till 10th April 2021 follow trend.
This study contains more then 5 technical indicators and historical analysis ( But not shown ). Always trade with previous day gain/loss stop loss in this stock.
#MOTHERSUMI is strong on all technical parameter and DI+ crossed above DI- on Daily and weekly chart. Today stock crossed above 50SMA while treading below 200EMA. Aggressive short covering with High trade and Delivery Quantity is showing coming bullishness in stock. If Auto sector will perform then this stock will run together.
Showing Bullish result in Technical...
The is stock is in supply zone if take support then upward move ... if too many wick then weaken supply zone,very much possible for it to retest the 87 level before going up ... this move will be to make people close their call position assuming they bought at 100 with mental stop loss of 85 ... then massive up move possible