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himanshujain

Motherson Sumi - Head and Shoulder pattern

Short
himanshujain Updated   
NSE:MOTHERSUMI   None
Head and Shoulders
1
1
headandshoulders
Stock is making Head and Shoulder pattern and broke the neckline today.
Can be shorted at CMP for short term targets of 290, 281, 266

Safe traders can wait till EOD and take position if it breaks 297 levels.
Comment:
Trade active
Comment:
Tgt1 Reached. Heavy OI building up on short side. Keep holding.
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