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MOTHERSUMI - BULLISH ON WEEKLY CHARTS

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Mothersumi is very strong on weekly charts. It is trading above strong resistance zone. It has to sustain and close above Red trendline this weekly close. Price may retest red trendline.

Trade Idea -
Bullish Trade - Above Red trendline weekly closing.
Stop Loss - Weekly closing below Red trendline.

Thanks for watching.
All the best.

- Do check the performance of all the earlier published ideas.
Trade closed: stop reached
Stop reached below redline.
hichandanvyas
Also on:
Chart PatternsTechnical IndicatorsMOTHERSUMITrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTechnical IndicatorsMOTHERSUMITrend Analysis
hichandanvyas
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.