sachinlefty

MOTHERSON Best Positional up side view

Long
NSE:MOTHERSON   SAMVRDHNA MTHRSN INTL LTD
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.

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