This presents an attractive opportunity for swing traders to capitalize on the potential uptrend in Motherson Sumi Wiring India , a subsidiary of Motherson Sumi Systems Limited and a leading manufacturer of wiring harnesses and other automotive components. Reasons are listed below : Strong Resistance Turned Support : The price level of 65-67, previously a...
Stocked has retested the previous resistance and now ready to move upwards make entry for a target of 66.50 in short term.
Multiyear high break volume spurt Support 68 EMA in line 21/50/200 RSI above 60 daily / weekly / monthly expected level 77 / 89
Here we can see a Swing Trade idea in NSE:MSUMI BUY MSUMI CMP 71 TP 78 SL 68 Motherson Sumi Wiring India Ltd. engages in the manufacture and sale of wire harnesses, components, and wires to automotive original equipment manufacturers. The company was founded on July 2, 2020 and is headquartered in Mumbai, India.
Motherson Sumi Wires charts on its Daily chart pattern shown clear formation of cup and handle formation complition followed by Volume & Price breakout (@66.95). Suggesting that script is now in good upward trend will attain new targets. CMP: 70.95 Targets: 74 -82-86 SL: - 64 The likely resistance being at 74. Once it closes above this level the next possible...
Positional Pick MSUMI Buy 63-64 SL 57 with Tgt 75/90 DISCLAIMER: These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on...
MSUMI Weekly chart breakout buy on dip first target 100 & Second Target 200..
Chart is self explanatory. Breakout awaited. Keep an eye on this. Cheers. Not a recommendation. Just an observation.
Motherson sumi wrng Very strong For upside seen upcoming days possible target 79-88 Cmp.72.60 Invalid 64
Embark on an insightful journey through the stock landscape of Motherson Sumi Wiring India Ltd (NSE: MSUMI). Our analysis at NEOALGO delves into the intricacies, spotlighting growth opportunities backed by compelling factors. As we navigate MSUMI's trajectory, notable signals emerge, suggesting a potential upswing. From robust order blocks to strong upward...
The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks. As its name implies, there are two parts to the pattern—the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom . As...
MSUMI Wiring (Swing): MSUMI Wiring is yet to test a major resistance zone and well set for a 35-50 % up move. Appropriate resistance and target zones are highlighted. Trade offers a RR of more than 1:6. Note: Do your own due diligence before taking any action.
Mothersum sumi is gives a triangle breakout and in last week it retested. levels marked on chart
MOTHERSON SUMI WRNG IND near abt to give weekly resistance zone once it gives breakout with gud volume and strong bullish candle we can play this for swing with proper RR.
MSUMI getting range bound since few sessions. Clear breakout will be good point to enter. keep on tracking.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite. The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other...
keep on watch list , Stock going to break resistance
Waiting for correction entry.. Long mover corrrection.. Keep on watch red line will be support. Expecting. This is only for knowledge sharing