MOTHERSUMI, NATURE OF SUPPORT & RESISTANCE (CHART# 365)

MOTHERSUMI is at very crucial level and can move good if manages to cross 140.2. Based on closing, this can be positional as well with targets highlighted. Ongoing momentum in AUTO Sector will also compliment its move.
Kindly note, as we had great bull run already I am taking comparatively smaller positions.

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Thanks
Piyush Gupta