Motherson Sumi: Buying Opportunity

٦ سبتمبر ٢٠١٧

Nice breakout with strong momentum on RSI and above average volume.
Currently near resistance zone 327-329.
Lets see if it gives a buying opportunity on pullback or else the price action above the resistance will decide the entry. Targets are mentioned.

Hit like if this information is useful.
Trade safe

Regards
Bravetotrade

٧ سبتمبر ٢٠١٧

ملاحظة

Gapup so no entry so far.

٧ سبتمبر ٢٠١٧

ملاحظة

In with a small stop, let's see what this notorious stock will do.

٧ سبتمبر ٢٠١٧

ملاحظة

Struggling near 333, so moving SL to BE

٧ سبتمبر ٢٠١٧

ملاحظة

I am out in strength, it was an interesting scalp.

١٨ سبتمبر ٢٠١٧

ملاحظة

MOSS gave a nice buying opp. at support line but I had been waiting for a deeper pullback near 320, so far its missed. But if the current down move from 339.70 end up as an ABC type correction, I ll reconsider buying.