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.
Perfect pole and flag formation present in the chart, Stock is trading at lower levels in the flag, Good upside is there to be seen. Target 1 - 240+, Target 2 - 260+.
NSE:MOTHERSUMI MOTHERSUMI on weekly chart after retesting the Resistance Become Support level of 148.5 shows efforts to move up and now it is ready for the levels of 230-250. We will see 250 plus in this counter in short term period. And from here onwards the level of 148.5 will act as a strong support to this counter.
Mother sumi if close above resistance then tgt1 and if close above tgt 1 then tgt 2 might possible and support is to safe guard your profit
Levels and respective levels are mention in charts ...
After a huge consolidation and breakout with good volume, the stock is trading in a range that provides a good swing trade opportunity. RSI is making HL and trading above 45 and WRT the last candle shows bull strength. View negated if it breaks recent trendline support. Disc: Not a trading recommendation. Educational purpose only.
Wait for the trendline breakout and enter into the trade.
motherson Sumi systems, can be a good bet for swing . 1. already broke falling 1 year train line 2. breakout of previous resistance 3. retesting previous resistance as support . we use only for educational purpose
price at support zone and previous candle also close good ( pin bar ) waiting for today candle close above 111 and with almost good volume expected
#MOTHERSUMI Motherson Sumi Systems Ltd. CMP: 110.45 Target:128 SL: 101 If u like my work, kindly LIKE SHARE FOLLOW for latest stock recommendations.
mothersumi can give breakout tomorrow: going on near 200DMA and breakout from ascending triangle daily time frame.
#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...
MOTHERSUMI 03 July 2020 SHORT-SELL 2/3 LOT OF MOTHERSUMI @ 97 Dear traders kindly follow our signals for maximum profits, our signals are based on analytics, algorithms, mathematical derivatives. Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data,analysis and proper...
NSE:MOTHERSUMI gave a flag breakout but however into a turbulent zone. So aggressive longs are not advised.