SIWNG IDEA - MOTHERSON SUMI

Обновлено
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
Заметка
stock made a high of 6%.
HOLD for targets!
Сделка закрыта: достигнута тейк-профит цена
1st target done
we got 20%+
Заметка
trend looks intact, we can hold this trade for further targets.
Заметка
Made a high of 27.4% from our buying price, we can hold for 2nd target.
Заметка
Made a high of 30% ++
We are close to 2nd target
Сделка закрыта: достигнута тейк-профит цена
2nd target achieved : 33% ++
Заметка
Achieved 42%++
Заметка
Achieved 50%
Заметка
Achieved 56%++
Заметка
Achieved 63%
Заметка
Achieved 72%++
Заметка
Achieved 81%++
Заметка
Achieved 85%++
Заметка
achieved 90%++
Заметка
Achieved 96%++
Заметка
Achieved : 102%
Price doubled from our buying price
Заметка
Achieved 112%
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