In Motherson a close above 305 will take this counter towards 315 - 325-335. Stop-loss for longs is 300 on closing basis.
And this counter is a short sell candidate in the zone of 330-335 (as price is going to get squared in this range) with Stop-loss @ 337
Targets for shorts are 325, 318, 296, 275.
26th July is a pressure date for this counter.
**The above readings are for educational purpose only.**
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict SL. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
No comments:
Post a Comment