CLOSED

MOTHERSUMI
Stoploss Triggered

227.9 -2.19%
Close Price
(2021-03-04 03:49:58)
233
Entry Price
(2021-03-02 12:35:00)
242
Target Price
 
231
Stoploss
 
Enter above 233 | Created on 2021-03-02 02:27:54 and valid till 2021-05-10 18:30:00

Trade rationale

Trendlines

Bullish view on MOthersumi is confirmed by triangle breakout above weekly resistance (R1) with above average volume. Price is also above supertrend line. Entry price at Rs 233 (Upper wick of previous day's candle), SL of Rs 215 (weekly pivot point) and Target of Rs 242 (weekly resistance-R2) or height of triangle (25 points above entry price)