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Trading_hawk

Motherson Sumi Double Bottom Pattern (will it repeat again)

Long
Trading_hawk  
NSE:MOTHERSUMI   None
Double Top or Bottom Trend Analysis Support and Resistance Double Bottom MOTHERSUMI mothersonsumi motherson doublebottompattern mothersonsumilong mothersumilong level
4
5
doubletoporbottom trendanalysis supportandresistance doublebottom mothersumi mothersonsumi motherson doublebottompattern mothersonsumilong mothersumilong level
NSE:MOTHERSUMI
This is for Positional Trade

Mothersumi is forming double bottom pattern same like it did before.

I have marked the formation of double bottom pattern and also the previous formation of it.

You can take position once the neckline will get tested for support. And then it will be easy target of 35-40 points up move in just couple of days.

All the best for trading in next week.

Comment below if my Ideas are helping you to understand the levels.
Also comment your suggestion or doubts.
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