Long channel breakdown Channel breakdown on the monthly chart. With the help of Fibonacci try to find out the support. But if you have a long term investment view this is the good script for you.
MSUMI trade ideas
Motherson Stock is trading at crucial support. Can be added at this level upto 58 for a targets of 75+ in the coming months.
Motherson Sumi wiringMotherson sumi wiring - Set ups
MTF Analysis
Motherson sumi wiring Yearly Demand Beakout 61
Motherson sumi wiring 6 Month Demand Breakout 61
Motherson sumi wiring Qtrly Demand Breakout 59.4
Motherson sumi wiring Monthly Demand BUFL 62.54
Motherson sumi wiring Weekly Demand 64.19
Motherson sumi wiring Daily Demand DMIP 61.81
ENTRY -1 64.2
SL 60
RISK 3.8
Taget as per Entry 84
Target return 31%
Points to Gain 19.66
Latest Last Swing High 80
Latest Last Swing Low 60
Motherson sumi wiring LongMotherson sumi wiring
MTF Analysis
Motherson sumi wiringYearly Demand DMIP 68
Motherson sumi wiring 6 Month Demand 68
Motherson sumi wiringQtrly Demand BUFL 68
Motherson sumi wiringMonthly Demand 54
Motherson sumi wiringWeekly Demand 64
Motherson sumi wiringDaily Demand BUFL 66
ENTRY -1 66
SL 62
RISK 4
Potential Target 98
First Target Points 80
First recovery Target Points 18
Last Swing Low 62
Last Swing High 80
RR 5
RR 48%
Key Support / Resistance Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Key Support & Resistance Breakout. Stock has give Breakout of Resistance level. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
Soon it will breakout and give a good return Hello friends
From now on i will share some of my ideas on stocks so you can get a good return.
Today's pick is motherson sumi which will give breakout soon and can give returns from 71.30 to 10-20% return from the current prie. Fresh buy can consider from this level and make the SL of 64.
Thanks
Motherson sumi WiringMotherson sumi Wiring
Daily DMIP 65
Daily DMIP 60
Price is coming as compression once Price Pick Order from Demand
Target will Hit in 2-3 weeks
Target 95
Next Move on Motherson Sumi WRNG IND Limited, Bullish Divergence seen on rsi and MACD. Make sure to manage entry and trade accordingly.
MORTHERSON SUMIGOOD PATTREN IS OBSERVED.
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I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit.
No Claim, All Rights Reserved.‼️
SWING IDEA - MOTHERSON SUMI WIRING INDThis presents an attractive opportunity for swing traders to capitalize on the potential uptrend in Motherson Sumi Wiring India , a subsidiary of Motherson Sumi Systems Limited and a leading manufacturer of wiring harnesses and other automotive components.
Reasons are listed below :
Strong Resistance Turned Support : The price level of 65-67, previously a strong resistance, has now turned into a support zone, indicating potential bullish momentum.
Cup and Handle Pattern : The formation of a cup and handle pattern suggests a potential continuation of the uptrend, with bullish implications for Motherson Sumi Wiring India.
Bullish Engulfing on Weekly Timeframe : A bullish engulfing candlestick pattern observed on the weekly timeframe indicates strong buying momentum and potential upward movement.
0.5 Fibonacci Support : Finding support at the 0.5 Fibonacci level strengthens the bullish case, providing a solid foundation for potential upward movement.
Higher Highs : Consistent formation of higher highs reflects increasing bullish momentum and reinforces the potential for further gains.
About to Breach All-Time High : The stock is approaching its all-time high, indicating strong bullish sentiment and potential for a breakout to new highs.
Increased Volumes : A notable increase in trading volumes reflects growing market interest and potential accumulation by investors, adding confirmation to the bullish thesis for Motherson Sumi Wiring India.
Target - 85 // 95
StopLoss - weekly close below 61
DISCLAIMER -
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@visionary.growth.insights
MSUMI Breakout can move fast now.MSUMI can double from here with in few years. Sl below the trend line.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
Request your support and engagement by liking and commenting & follow to provide encouragement.
MSUMI ( motherson sumi wiring)A strong pattern breakout done and expected to take support at 74.80 range and up rally continuation can be expected. 1st Target 84 and 2nd target 99 ( long term point of view and analysis done with day pattern)
MOTHERSON SUMI WRNG INDIA PVT LTD GIVES BRAEKOUT ON DAILY CHARTNSE:MSUMI
MOTHERSON SUMI WRNG India LTD Gives brake out on daily chart.
Buy Near 76
Sl 70
Target 87+
Time duration 1 month
Risk Reward Ratio ---- 1 : 1.50
Profit on capital Ratio ---- 15%+
MotherSon Sumi WiringChart is self explanatory. Breakout awaited. Keep an eye on this. Cheers.
Not a recommendation. Just an observation.
Motherson Sumi WRNG Ind. LtdChannel Break out is imminent.
Go Long Above 75. Eat one leg of 4-5% and Buy back again around the same levels (75) upon retest.
TGT being 2 times of the channel width (Minimum).
SL Below 64 (Closing Basis)
MSUMI for long termMSUMI looking great at current level for long term, fundamentals are good with strong financial performance and improvements, Investor Participation are increasing, with the curren demand in Auto Ancillary space this stock may get benefits.
Note: Please consult with your financial advisor before making any investments.
Short term earning chanceStocked has retested the previous resistance and now ready to move upwards make entry for a target of 66.50 in short term.
MSUMI Wiring weekly ChartMultiyear high break
volume spurt
Support 68
EMA in line 21/50/200
RSI above 60 daily / weekly / monthly
expected level 77 / 89
Trade Idea in MSUMIHere we can see a Swing Trade idea in NSE:MSUMI
BUY MSUMI
CMP 71
TP 78
SL 68
Motherson Sumi Wiring India Ltd. engages in the manufacture and sale of wire harnesses, components, and wires to automotive original equipment manufacturers. The company was founded on July 2, 2020 and is headquartered in Mumbai, India.
Motherson Sumi Wires-P1 - Mid Term ViewMotherson Sumi Wires charts on its Daily chart pattern shown clear formation of cup and handle formation complition followed by Volume & Price breakout (@66.95). Suggesting that script is now in good upward trend will attain new targets.
CMP: 70.95
Targets: 74 -82-86
SL: - 64
The likely resistance being at 74. Once it closes above this level the next possible target is at 82-86 zone.
Disclaimer: . The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)
Positional Pick MSUMI Buy 63-64 SL 57 with Tgt 75/90Positional Pick MSUMI Buy 63-64 SL 57 with Tgt 75/90
DISCLAIMER: These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
