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sachinlefty

MOTHERSON Best Positional up side view

Long
SAMVRDHNA MTHRSN INTL LTD (NSE:MOTHERSON)  
sachinlefty  
NSE:MOTHERSON   SAMVRDHNA MTHRSN INTL LTD
Trend Analysis Chart Patterns Fibonacci MOTHERSUMI mothersonsumi motherson mothersumilong mothersonsumilong mothersunsumilong
13
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trendanalysis chartpattern fibonacci mothersumi mothersonsumi motherson mothersumilong mothersonsumilong mothersunsumilong
MOTHERSON is already retraced more than 70% as per Fibonacci.
Now price is sustained above major resistance of 65.60. It will be best to take entry while price retest level of 65.60 and hold till target of 88.60. A low risk and high reward opportunity.

My stop loss will only 60 (5.60 Points)

Note: This is my personal analysis, only for learning.

Thanks.
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