Motherson International (CMP ₹211) – Poised for an Upward Move
MAKING NEW HIGH
Current Price Movement: Motherson International is trading at ₹211, showing signs of strength after a recent pullback.
Sectoral Strength: The auto sector is witnessing a breakout, adding further momentum to the stock.
Volume Surge: Increased volume suggests heightened interest from traders and investors, signaling potential upward movement.
Technical Support: The stock is trading above its 10-day moving average, indicating bullish sentiment.
Momentum: With strong momentum building, the stock appears ready for further gains.
Upcoming Target: A potential target of ₹240 is on the horizon, supported by technical and sectoral trends.
Current Price Movement: Motherson International is trading at ₹211, showing signs of strength after a recent pullback.
Sectoral Strength: The auto sector is witnessing a breakout, adding further momentum to the stock.
Volume Surge: Increased volume suggests heightened interest from traders and investors, signaling potential upward movement.
Technical Support: The stock is trading above its 10-day moving average, indicating bullish sentiment.
Momentum: With strong momentum building, the stock appears ready for further gains.
Upcoming Target: A potential target of ₹240 is on the horizon, supported by technical and sectoral trends.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.