#Educational #Automobile #Mothersun Sumi - Sell
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Mthrsn : looking bearish.
> Sumitomo Wining Systems sell their stake of rupee 1600 crs.
> Dead crossover on higher timeframe.
> RSI left all the strength.
> Volumes supported.
Expected targets in near term would be 50 to 45.
> Sumitomo Wining Systems sell their stake of rupee 1600 crs.
> Dead crossover on higher timeframe.
> RSI left all the strength.
> Volumes supported.
Expected targets in near term would be 50 to 45.
Nota
stock has given 61.90 low and took support from the same level.Nice bullish engulfing candle formation on daily TF and on hrly chart trend line breakout seen.
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