Motherson Sumi has broken the daily time frame support at 126 and 38.20% Fib retrace at 131.
Also the script has strong resistance at 154.50 on monthly time frame and Fib 50% trace at 156.
If the script goes past above 157 we can go for Long.
Target - 192.05
SL - below 125
Disclaimer: Kindly do your own analysis before executing the trade
Also the script has strong resistance at 154.50 on monthly time frame and Fib 50% trace at 156.
If the script goes past above 157 we can go for Long.
Target - 192.05
SL - below 125
Disclaimer: Kindly do your own analysis before executing the trade
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