Mothersum sumi is gives a triangle breakout and in last week it retested. levels marked on chart
NSE:MOTHERSON trading @ key resistance level, retested, High chances to move upside.
" NSE:MOTHERSON Motherson is currently showing a robust support level at ₹ 95. If the stock manages to break above this trendline-level within a short period, it could potentially experience a significant upward momentum, with a possible target around ₹ 103." This statement emphasizes the current support level at ₹ 95 and the potential price target at ₹ 103 if...
Samvardhana Motherson International Ltd now bullish Motherson has hit a breakout of the "bullish pennant" And has also retested first target was 86.5 approx 9% return if cross 86.5 then we enter to choppy zone (86 to 90) if cross 90 then second target was 97 approx 22% return keep your stoploss at 75 to 76 If we keep going up, your stoploss should also...
NSE:MOTHERSON is already retraced more than 70% as per Fibonacci. Now price is sustained above major resistance of 65.60. It will be best to take entry while price retest level of 65.60 and hold till target of 88.60. A low risk and high reward opportunity. My stop loss will only 60 (5.60 Points) Note: This is my personal analysis, only for learning. Thanks.
This share currently trade @ Triangle if break out above swing move up to 147 Long target 200 +
this stock i expect 25% correction pending support 105
Hi Guys, Very nice buy setup forming in this stock, correction looks complete, Enter via using your strategy. Take care..
Mothersumi is very strong on weekly charts. It is trading above strong resistance zone. It has to sustain and close above Red trendline this weekly close. Price may retest red trendline. Trade Idea - Bullish Trade - Above Red trendline weekly closing. Stop Loss - Weekly closing below Red trendline. Thanks for watching. All the best. - Do check the performance...
Stock Falls because of DEMERGER News which is Good price to buy .... And now It will expected that these levels won't see in future .. Use 170 as stoploss for long-term for 2x plus Returns
-> Entry as per different opening on 10 Jan have been mentioned. -> SL as per entry have been mentioned. -> Target is 256. Reasons: 1. Stock de-merger is happening on 17 Jan 2022. 2. Consolidation after good upside movement. Note: Exit trade before 14 Jan 2022.
1. Auto Sector In Eeading Quadrant in RRG . 2. Supply is getting exhausted , Upward Move is expected 3. Strong Support at current levels 4.18.21% away from 52 week high , Bound to go Up 5. F&O data suggests Short Covering today 6. Strong Financials , DII Share is increasing FII decreasing . a. Market Leader , Mutual Funds have increased holdings from 9.72% to...
MOTHERSUMI - trading in descending triangle format and finally breakout of support line. However currently on strong support line 218. Add to watch list - incase if break's the support and sustains, we will see 200 and 168 soon. Please spend time on own research before investing.
Buy Above 237- T1:240, T2:247 Sell Below 235 - T1: 231, T:220, T3:214
My view as per chart pattern on mothersumi keep eye on chart if break up then long as draw in green if break down then short as draw in red
A possible pullback after a beautiful retrace
Mothersumi Levels by RKK Golden Levels
Mothersumi is running in Ascending channel since 2 months . Now , took support at lower band. expect to reach the resistance upper band soon.