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MOTHERSUMI, NATURE OF SUPPORT & RESISTANCE (CHART# 365)

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MOTHERSUMI is at very crucial level and can move good if manages to cross 140.2. Based on closing, this can be positional as well with targets highlighted. Ongoing momentum in AUTO Sector will also compliment its move.
Kindly note, as we had great bull run already I am taking comparatively smaller positions.

Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.

Thanks
Piyush Gupta
study-learning-on-Price-Action
All studies for for learning purpose only.
These are not trade recommendations

Not responsible for any profit or loss
Chart Patterns

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Chart Patterns
study-learning-on-Price-Action
All studies for for learning purpose only.
These are not trade recommendations

Not responsible for any profit or loss

Penerbitan berkaitan

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.