Motherson sumi has been consolidating in a falling wedge pattern for about two months now. It showed some strength yesterday. Today it broke out of the falling wedge with a solid volume too. Do note the point from where it took support yesterday is also the price(86 ish) where the gap was created on July4-5th 2023. Stop loss -86 Target 1 - 98.5 Target 2 - 103 Target 3 - 120 Buy the dip.
Disclaimer: I do have positions in this. And would be selling it as and when I see fit.