Motherson Sumi Weekly breakout Mothersum sumi is gives a triangle breakout and in last week it retested.
levels marked on chart
MOTHERSUMI
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.
Samvardhana Motherson International Ltd now bullishSamvardhana Motherson International Ltd now bullish
Motherson has hit a breakout of the "bullish pennant"
And has also retested
first target was 86.5 approx 9% return
if cross 86.5 then we enter to choppy zone
(86 to 90)
if cross 90 then second target was 97 approx 22% return
keep your stoploss at 75 to 76
If we keep going up, your stoploss should also keep trailing along
MOTHERSON Best Positional up side viewNSE:MOTHERSON is already retraced more than 70% as per Fibonacci.
Now price is sustained above major resistance of 65.60. It will be best to take entry while price retest level of 65.60 and hold till target of 88.60. A low risk and high reward opportunity.
My stop loss will only 60 (5.60 Points)
Note: This is my personal analysis, only for learning.
Thanks.
Motherson sumThis share currently trade @ Triangle if break out above swing move up to 147 Long target 200 +
Motherson sumi Take the buyHi Guys, Very nice buy setup forming in this stock, correction looks complete, Enter via using your strategy.
Take care..
MOTHERSUMI - BULLISH ON WEEKLY CHARTS
Mothersumi is very strong on weekly charts. It is trading above strong resistance zone. It has to sustain and close above Red trendline this weekly close. Price may retest red trendline.
Trade Idea -
Bullish Trade - Above Red trendline weekly closing.
Stop Loss - Weekly closing below Red trendline.
Thanks for watching.
All the best.
- Do check the performance of all the earlier published ideas.
MOTHERSON SUMI : DEMERGER Stock Falls because of DEMERGER News which is Good price to buy .... And now It will expected that these levels won't see in future ..
Use 170 as stoploss for long-term for 2x plus Returns
MOTHERSUMI-Long (Swing trade)-> Entry as per different opening on 10 Jan have been mentioned.
-> SL as per entry have been mentioned.
-> Target is 256.
Reasons:
1. Stock de-merger is happening on 17 Jan 2022.
2. Consolidation after good upside movement.
Note: Exit trade before 14 Jan 2022.
Mother SUMI Long Term1. Auto Sector In Eeading Quadrant in RRG .
2. Supply is getting exhausted , Upward Move is expected
3. Strong Support at current levels
4.18.21% away from 52 week high , Bound to go Up
5. F&O data suggests Short Covering today
6. Strong Financials , DII Share is increasing FII decreasing .
a. Market Leader , Mutual Funds have increased holdings from 9.72% to 10.46% in Sep 2021 qtr.
b. Over the last 5 years, revenue has grown at a yearly rate of 9.18%, vs industry avg of 6.3%
c.Over the last 5 years, market share increased from 26.1% to 32.06%
d.Over the last 5 years, free cash flow growth has been 83.13%, vs industry avg of 12.11%
e. PE ratio is better than other players , Beta of 1.74
Take 20% position at Current levels .
LIKE IF YOU AGREE with the Analysis .
MOTHERSUMI - Breakout on lower sideMOTHERSUMI - trading in descending triangle format and finally breakout of support line.
However currently on strong support line 218.
Add to watch list - incase if break's the support and sustains, we will see 200 and 168 soon.
Please spend time on own research before investing.
My view on Mothersumi My view as per chart pattern on mothersumi
keep eye on chart
if break up then long as draw in green
if break down then short as draw in red
#MOTHERSUMI #Intraday #PositionalMothersumi is running in Ascending channel since 2 months .
Now , took support at lower band. expect to reach the resistance upper band soon.
Mothersumi Next Target 224.4 till 10th April 2021 follow trendMothersumi 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.
Bull run in MothersonsumiPerfect 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+.
Motherson Sumi SYS Weekly Chart View. 14/02/2021NSE:MOTHERSUMI
MOTHERSUMI on weekly chart after retesting the Resistance Become Support level of 148.5 shows efforts to move up and now it is ready for the levels of 230-250.
We will see 250 plus in this counter in short term period. And from here onwards the level of 148.5 will act as a strong support to this counter.
Mother sumi swing Mother sumi if close above resistance then tgt1 and if close above tgt 1 then tgt 2 might possible and support is to safe guard your profit
