Commencez
Visionary_Growth_Insights

SIWNG IDEA - MOTHERSON SUMI

Long
SAMVRDHNA MTHRSN INTL LTD (NSE:MOTHERSON)  
Visionary_Growth_Insights Mis à jour   
NSE:MOTHERSON   SAMVRDHNA MTHRSN INTL LTD
Trend Analysis Chart Patterns Technical Indicators mothersonsumi buyzone breakouttrading priceaction Technical Analysis indianstocks nse Equity
19
0
trendanalysis chartpattern indicator mothersonsumi buyzone breakouttrading priceaction technicalanalysis indianstocks nse equity
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
Commentaire:
stock made a high of 6%.
HOLD for targets!
Trade fermée: cible de profit atteinte:
1st target done
we got 20%+
Commentaire:
trend looks intact, we can hold this trade for further targets.
Commentaire:
Made a high of 27.4% from our buying price, we can hold for 2nd target.
Commentaire:
Made a high of 30% ++
We are close to 2nd target
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.