BUY MOTHERSUMI @ 149.70 & LUPIN @ 739.6
So here are the Latest Share Trading Tips from Nifty to Earn.
MOTHERSON SUMI SYSTEMS
MOTHERSON SUMI established in 1986 is the flagship company of the Samvardhana Motherson Group. This is a joint venture between Samvardhana Motherson Group and Sumitomo Wiring Systems of Japan. This company works in Automobile Sector providing extended arm support to many companies working in the same sector like Audi, Mercedes or Maruti etc.
Traders from short term perspective can look an opportunity to earn in this Share Trading for 1 Apr’19 at current levels. Because, This share was in downtrend from 12 Mar’19 and formed a Bullish Harami Pattern on 28 Mar’19. After that, Stock has raised the price by 7% from it’s recent bottom at Rs 140. Also, Relative Strength of the Stock is hovering at 46.47 which is a positive sign. As a result, Currently the stock is at its support and is about to breach its 50 Day Moving Average.
Current Price : 149.70
Target Price : 153.50
Stop Loss : 146.50
LUPIN is a transnational pharmaceutical company based out of Mumbai, India. It is the 12th-largest company by market capitalization and the eighth-largest generic pharmaceutical company by revenue globally.
Traders from short term horizon can buy Shares of Lupin at current level. Currently, shares of Lupin is hovering at its back tested support of Rs 730 which is a very strong support for this share. Relative Strength of the Stock is in Negative Zone which is also a positive sign for Traders to ride on this opportunity. Moving Average Convergence/Divergence is also moving towards positive zone. So all of these indicators are showing a great opportunity for traders to earn from this stock in near future.
Current Price : 739.60
Target Price : 756.80
Stop Loss : 730
As per my Last Trading Tips on both the stocks Crompton & Mphasis, hit and went beyond their provided target. I hope you have gained potentially from this Share Trading Tips.
Please share your comments/suggestions if you are getting benefited from these Share Trading Tips. I would love to hear from you if I can be any help on your portfolio or any specific Stock that you want to discuss.
Note: Above mentioned Stock Tips are based on Technical or Fundamental Analysis however, Stock market is always volatile and risk is always included in the investment. Author is not liable for any losses.