Samvardhana Motherson International Ltd now bullish

By ketanbhalala
Samvardhana 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
Chart PatternsTechnical IndicatorsmothersonsumimothersonsumilongMOTHERSUMIsamvardhanamothersoninternationalTrend Analysis
ketanbhalala

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