MOTHERSON SUMI SYSTEMS FORMING IMMACULATE CUP AND HANDLE PATTERN
The stock has been in consolidation since 2018 and the range of 128 -135 acted as a stong resistance however this barrier has been breached and the stock has started its endeavour to reach new heights
The cup and handle pattern was intiated in 2018 and is in its final phase the target for the stock can be measured from the depth of the cup which is coming out to be 233 given 3-4 months
The cup and handle pattern was intiated in 2018 and is in its final phase the target for the stock can be measured from the depth of the cup which is coming out to be 233 given 3-4 months