Get started

Mothersonsumi

medium term trading opportunity in samvardhna mothersonHi, NSE:MOTHERSON has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision
NSE:MOTHERSONLong
by raigvivek
2
SWING IDEA - MOTHERSON SUMI WIRING INDThis 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 strong resistance, has now turned into a support zone, indicating potential bullish momentum. Cup and Handle Pattern : The formation of a cup and handle pattern suggests a potential continuation of the uptrend, with bullish implications for Motherson Sumi Wiring India. Bullish Engulfing on Weekly Timeframe : A bullish engulfing candlestick pattern observed on the weekly timeframe indicates strong buying momentum and potential upward movement. 0.5 Fibonacci Support : Finding support at the 0.5 Fibonacci level strengthens the bullish case, providing a solid foundation for potential upward movement. Higher Highs : Consistent formation of higher highs reflects increasing bullish momentum and reinforces the potential for further gains. About to Breach All-Time High : The stock is approaching its all-time high, indicating strong bullish sentiment and potential for a breakout to new highs. Increased Volumes : A notable increase in trading volumes reflects growing market interest and potential accumulation by investors, adding confirmation to the bullish thesis for Motherson Sumi Wiring India. Target - 85 // 95 StopLoss - weekly close below 61 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:MSUMILong
by Visionary_Growth_Insights
SIWNG IDEA - MOTHERSON SUMI The current market conditions suggest a favorable buying opportunity in MOTHERSON SUMI , presenting astute investors with the possibility of capitalizing on potential gains. Reasons are listed below : Following rigorous testing at the 98 levels, the resistance has shown signs of weakening, heightening the likelihood of an imminent breakthrough. Stock is in Uptrend i.e higher highs are being made. Price moved from 62 to 103 and then retraced till 0.382 Fibonacci level and is now breaking out. Price is above 50 and 200EMA i.e the trend is intact. Target - 123 // 134 StopLoss - Weekly close below 90
NSE:MOTHERSONLong
by Visionary_Growth_Insights
5
motherson looks like bullish " NSE:MOTHERSON Motherson is currently showing a robust support level at ₹ 95. If the stock manages to break above this trendline-level within a short period, it could potentially experience a significant upward momentum, with a possible target around ₹ 103." This statement emphasizes the current support level at ₹ 95 and the potential price target at ₹ 103 if the stock breaks above it. Remember that investing in stocks involves risk, and it's important to conduct thorough research or consult with a financial advisor before making any trading decisions.
NSE:MOTHERSONLong
by ketanbhalala
Stock Analysis Series - Motherson Sumi: (My 1st Swing Trading)Stock Analysis Series - Motherson Sumi: (Bought for Swing Trading): =================================================================== My Analysis: ------------ ** Daily Timeframe ** 1. During the covid crash, it fell to a low of Rs.54 and rallied since then. 2. ATH is Rs.259 on 3rd June and started to fall gradually. 3. Forming Ascending triangle pattern with the same level of Resistance and increasing Support - buyers are aggressive. 4. I bought at Rs.212.95 (10 quantity) to try my first swing trading after this technical analysis. 5. Aiming for a 10% target of Rs.244 - created GTT in Zerodha while buying to control my emotions. 6. Let's see how this goes. Note: I'm not recommending buying this stock. This is for education purposes. This is my view, based on my learning. Please do not trade without your own conviction. Please invest after careful research. I'm not responsible for your profits/losses. - Gnanasekaran
MLong
by gnanasekarang
1
MOTHERSON SUMILevels - Buy - CMP T1 - 250 SL1 - 230 T2 - 280 SL2 - 220 The stock has turned around from its interim support after dipping to the level of 232. It is expected to witness the levels of 240 and then 280 in short and long term respectively. The target levels and their corresponding SL's are listed above. The primary reason for this anticipated up move is the shortage of semiconductors in global markets required for manufacturing cars, laptops, etc. Motherson Sumi is one of the manufacturers with global clients. Demand for its manufactured products is expected to increase, resulting in to increase in the order book, thereby increased profits. NOTE: These findings and levels are purely based upon the knowledge and understanding of the post publisher. The idea here is to predict the future price movements hence, please do not consider this as stock advice or recommendation.
M
by mishraparimal09