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manuvsingh
10 gru 2021 13:38

MothersonSumi | Cup&Handle Pattern under formation | Target 100% Long

NSE:MOTHERSUMI1M

Opis

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NSE:MOTHERSUMI

CUP and HANDLE Pattern under Formation in Monthly Charts

Breakout Zone : Above 240-250 on MCB.

Monthly BO will confirm huge upside targets.

Next Targets : 351 - 418 - 529

SL : 190

Monthly RSI > 60
FibonacciCup And HandleMoving Averageschaukhambha_chartsmonthlychartsautoancillarybreakoutmothersonsumi
Komentarze
vishnubarath1995
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Below 210 sustain then Go to 190 bounce back expect target 353 ,, great prediction dude 👍
manuvsingh
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@vishnubarath1995, thank you
MarimuthuSuppaya
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The specific stocks gives at least 5-10% upside if it has got unusual momentum!
manuvsingh
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@MarimuthuSuppaya, Motherson Sumi is having Cup Handle under formation in monthly charts. Once the breakout above 250 happens on monthly basis then the stock is ready to double.
Breakout on Larger Timeframes have lesser probability of fake break out
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