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Published on 2/12/2020 10:59:03 AM | Source: Religare Broking Ltd

Buy Motherson Sumi Systems Ltd For Target Of Rs. 163 - Religare Broking

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Derivative Ideas

MOTHERSUMI FUT added around 20% in open interest addition as LONG buildup was seen in it in till closing time. Current chart pattern also indicates further up move in its price. We suggest buying MOTHERSUMI as per below levels.

Strategy:- BUY MOTHERSUMI BETWEEN 155-156, STOPLOSS AT 151, TARGET 163.

 

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