Mothersumi Levels by RKK Golden Levels
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+.
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 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...
NSE:MOTHERSUMI gave a flag breakout but however into a turbulent zone. So aggressive longs are not advised.
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
MothersonSumi is in uptrend also break its resistance and trading above it one can see above 120 level soon
Go with the flow of the upward bullish trend.
MOTHERSUMI - GO SHORT @ CMP WITH A SL OF 100 AND A TARGET OF 54. TARGET SHOULD E ACHIEVED BY 11 JUNE 2020
Consolidation . High Volume Candle . Strong RSI Divergence . BUY:-55.40 SL :- 54.20 T1 :-56.40 Calculate Target According to your Risk Appetite .
MOTHERSUMI - TARGET OF 0 BASIS H&S - COMPANY CLOSING? DOES THIS INDICATE THAT EUROPE WILL RECOVER BY ETERNITY
MothersonSumi Looking bearish making WXY possible
MOTHERSUMI (Motherson Sumi Systems Limited) SELL BELOW 131.5