Wait for The breakout and Enter into the TradeWait for the trendline breakout and enter into the trade.
Mothersonsumi
Swing Opportunity : Mother son sumi sysmotherson 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
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we use only for educational purpose
MotherSumi price at Support Zone.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
Motherson Sumi : DI+ crossed above DI- on Daily/Weekly chart#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 Parameter:
CCI is treading UP
Stoch is treading UP
PSAR indicating bullish reversal
DI+ crossed above DI- on both daily and weekly chart
RSI is treading UP
MFI is treading UP
20EMA crossed above 100EMA
Aggressive short cover
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Resistance : 100 & 101.50 & 105
Breakout : 98.25
LTP : 97.35
Breakdown : 96.50
Support : 94.60 & 91.45
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Positive & Negative Point:
1) Neutral in Daily/Weekly chart
2) Very Bearish in Monthly chart.
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(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
Motherson Sumi - Bull Flag Breakout - Conservative Long ideaNSE:MOTHERSUMI gave a flag breakout but however into a turbulent zone.
So aggressive longs are not advised.
MothersonSumi from 10 June 2020 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 BUY MothersonSumi is in uptrend also break its resistance and trading above it one can see above 120 level soon
MOTHERSUMI - GO SHORT FOR A RR OF 1:8 BY 11 JUNEMOTHERSUMI - GO SHORT @ CMP WITH A SL OF 100 AND A TARGET OF 54. TARGET SHOULD E ACHIEVED BY 11 JUNE 2020
Motherson SumiConsolidation .
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? :-)MOTHERSUMI - TARGET OF 0 BASIS H&S - COMPANY CLOSING? DOES THIS INDICATE THAT EUROPE WILL RECOVER BY ETERNITY
MOTHERSUMI (Motherson Sumi Systems Limited) SELL BELOW 131.5MOTHERSUMI (Motherson Sumi Systems Limited) SELL BELOW 131.5
Motherson Sumi: Looking For A BreakoutPrice revisiting key resistance. Will the breakout happen. The chart reminds me of Pricol chart at 55-ish.
