Motherson SumiFinally time has come to Motherson Sumi for the reversal.
Safe entry above 92( based on th closing basis)
MOTHERSON trade ideas
Motherson Sumi Weekly Double Bottom Pattern Bullish BreakoutKeep an eye on MothersonSumi and add it in your watchlist.
The stock is currently trading above the neckline of a weekly double bottom pattern which is a bullish reversal pattern.
If we get a weekly candle close above 84-85, price can go further high atleast till 100.
MOTHERSONMOTHERSON just cross 200 & 50 EMA at daily time period. At the same time ready to break out "W", which means a double bottom pattern.
Target 1 : 100
Target 2 : 130
Ready to make money?
Best of luck.
Motherson Samvardhana_12.06.2023Wait for crossing yellow line. Still clear indication awaited. After long time it will enter previous zone. It shall be a good trading oppurtunity if it enters zone. Multiple Buy and Sell signals can be seen. For educational purpose only.
motherson next move towards 120buy motherson sumi at 80.
Target 120.
bottom took almost 2 year to form
i am enter in this a last week its good for ride but its given so much fear and not this time to enter to now i am alreday entered this last week
MOTHERSON - Chart AnalysisOn a Daily time frame, I see a gap down with bearish flag channel break out. There is a chance of attempt to fill the gap upto 75 If the gap holds strong then good possibility of stock going all the way to the channel low support of 61 and futher dropping to 50 levels.
Also, weekly time frame is showing lower high from previous swing and may form a lower low to 50 level which is also fib level 1.61 of the pivot. NSE:MOTHERSON
MOTHERSON - Weekly AnalysisIn the Weekly Chart of MOTHERSON ,
we can see that, it is forming price in downward direction.
If we see any bullish candle on trendline, we can enter and hold for an year for better % of gain.
Trendline Breakdown in Motherson Sumi Systems Limited...Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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
MOTHERSONIn the Daily chart of MOTHERSON,
we can see that it has given breakout.
Also, it is near to breakout the Cup & Handle pattern.
Let it respect the Dup & Handle Trendline once again and then we can enter with SL.
If you are entering, book profits at 90.
motherson sumi is a buy for short & long termMOTHERSON is a strong buy for long and short term both.
buy @ 70-72 range for safe profit
SMVARDHNA MOTHERSON has a target of 136stock is heading up to 136 level, which is the confluence of UM of white PF, central median of yellow channel and 61.8% fib.retracement
MothersonIn the daily chart happened to see a cup and handle
Expecting a target of atleast 84 in near future
Pleas share your thoughts if im missing majorly anything here
This is my first post of an idea and just to be from educational viewpoint
Please feel free to correct if im wrong abt this in the comments🙂
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 is at excellent support!Stock is at the confluence of strong S<>R and the central median of two pitchforks!.Good level to accumulate the stock
MOTHERSON SUMI SHORT TERM BOUNCE BACK TRADEMOTHERSON SUMI has gone down and is now in correction for its down swing, there are possibilities for it to go upwards a little bit. Now it is in channel pattern, if it breaks upward, then we can buy it. The targets ranges from Target-1 to Target-3. Trail your stop loss.
