The scrip almost broke the ATH - All Time High.
NSE:MOTHERSUMI
Great breakout from " Cup and Handle " pattern and from the " Pennant " pattern, Even retested pennant's upper trendline which was acting as resistance and eventually it became a support now.
According to " Extended Fibonacci " tool below targets can be achieved in coming days.
Target 1 - ₹...
Axis Bank is at support of ₹640. Also it has support of 200M at 1Hr chart. It is a good buy opportunity to go long with target of ₹660 ( Intraday ) & ₹700 ( Positional ) with stop loss of 10 points.