ProTrader1987

Idea#2 Opportunity in MOTHERSON SUMI

ProTrader1987 Diupdate   
NSE:MOTHERSUMI   None
One can keep watch on Motherson Sumi to create long or short position. Motherson Sumi currently trading in downtrend slopping channel and near to its demand zone. Long term demand zone was 278; however, that support level has already breached. Now short term demand zone is 274-275; hence, a buy position can be made after seeing the market sentiments, of course not so favorable for bull. Below are the levels you can take in consideration before making any position in MOTHERSON SUMI.

Buy Side Stats:
CMP: 275.50
Make a long position above 275 with the SL of 273

Short Side Stats:
CMP: 275.50
Make a short position below 273 with SL 275

Keep your own targets and book profit accordingly. My only motive is to keep shortest SL all the time every time. Happy Trading!!
Trading ditutup: target tercapai:
Intraday Target reached. Happy Trading
Trading ditutup: target tercapai:
Closed the call at 261.25
Trading ditutup: target tercapai:
Made a low of 250 and closed around 254. Happy Trading!!!!

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