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Published on 27/04/2020 12:54:47 PM | Source: LKP Securities Ltd

Weekly Pick - Buy Motherson Sumi Systems Ltd For Target Rs. 82 - LKP Securities

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* Stock has recently given a rectangle breakout on daily chart and again prices are showing bounce from the breakout zone in today’s session

* Strong Volume activity is witnessed during breakout

* Also good positive divergence is visible on daily chart which is early sign of reversal

Buy Motherson Sumi Systems Ltd  1 Week SL 71.70 Target 82  CMP 76

 

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