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Head & Should Pattern
This is Motherson Sumi daily chart.
The price is consolidating in a head & shoulder pattern.
And for support levels we can see the rejections are getting weeker.
So there is high chance that it will break this level of 227₹. If it breaks this level we can see a downside upto 215₹-212₹
The price is consolidating in a head & shoulder pattern.
And for support levels we can see the rejections are getting weeker.
So there is high chance that it will break this level of 227₹. If it breaks this level we can see a downside upto 215₹-212₹
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