Motherson
MOTHERSON for 75% (approx..) Potential GainSamvardhana Motherson is showing multiyear breakout with good amount of volume.. one can make a position with a SL below the trendline..
CMP : 131
TG : 230
SL : below trendline
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
Disclosure : Holding
MOTHERSON -Symmetrical Triangle -Breakout-DailyMOTHERSON -Symmetrical Triangle -Breakout-Daily
Motherson chart formed symmetrical triangle pattern. In technical analysis, this pattern is characterized by two converging trendlines, with the price making lower highs and higher lows over time, ultimately forming a triangle shape. This formation often indicates price consolidation before a potential breakout.
The upper trendline connects the highs, while the lower trendline connects the higher lows.
The breakout appears to have occurred as the price moved above the upper trendline, which is typically seen as a bullish signal, suggesting the potential for a further upward move toward the target of ₹246.01, as indicated on the chart.
Additionally, the volume increase during the breakout confirms the strength of this move, which is an essential validation for the symmetrical triangle breakout pattern.
Support at 195 which is breakout candle low.
Unveil the Latent Potential of Motherson Sumi Wiring India LtdGreetings,
Today, I'm presenting you analysis of NSE:MSUMI - Motherson Sumi Wiring India Ltd.
📊 Technical Analysis: Essential Insights
the stock has come down to retest the breakout zone. Interestingly, this retest is happening with very low volumes, which is a positive sign. It suggests that the selling pressure is weak, and the breakout could be valid. NSE:MSUMI is presently navigating within a demand zone . Here's a detailed analysis of its significance:
Demand Zone Dynamics: This demand zone embodies a quintessential Rally-Base-Rally (RBR) pattern. The initial movement out of this zone culminated in an all-time high, surmounting previous resistance levels. This underscores the potency of the zone, which historically has driven prices upward.
Act of Polarity Retest of Breakout: Presently, the price is oscillating in an area that previously served as resistance. Per the act of polarity , erstwhile resistance often transmutes into support. This introduces an additional layer of bullish potential to the current price level.
Volume Analysis: As the price approached this zone, a noticeable decline in volume was observed, indicating insignificant selling pressure . This is an encouraging indicator, suggesting that sellers are reticent to divest their holdings at these levels.
20 EMA: The price has descended to the 20 EMA, signaling that it is at an average valuation and not excessively priced. This renders it an appealing entry point for potential buyers.
📈 Fundamental Analysis: Robust and Resilient
Not only does the technical outlook appear auspicious, but the fundamentals are equally compelling:
Rising Net Cash Flow: The company has demonstrated an upward trend in net cash flow and cash from operating activities, which is invariably a positive indicator.
High TTM EPS Growth: Their trailing twelve-month EPS growth is noteworthy, reflecting operational efficiency and profitability.
Improving ROA: The Return on Assets has been on an upward trajectory over the past two years, showcasing the company's enhanced proficiency in leveraging its assets to generate profit.
Profit Margin Growth: There is observable growth in net profit with expanding profit margins both quarter-over-quarter and year-over-year.
Revenue and Profit Growth: Both revenue and profits have exhibited consistent quarterly increases over the past three quarters, with annual net profits improving over the last two years.
🎯 The Plan
We can plan our entry at the demand zone. This is where the price is likely to find support and bounce back up.
The first target should be at least 1:3, meaning for every unit of risk we're taking, we're aiming to gain three times of reward.
The stop loss (SL) should be placed below the demand zone with buffer to limit our risk if the trade doesn't go as planned.
To ride the rally, you can trail your stop loss. This means moving the stop loss up as the price moves in our favor, locking in profits along the way.
📢 Concluding Thoughts
Motherson Sumi Wiring India Ltd manifests a synthesis of formidable technical signals and solid fundamentals. It is positioned within a robust demand zone, with waning selling interest and a favorable price juncture.
Finally, thank you for your support, your likes & comments. Feel free to ask if you have any questions.
Remember, trading is all about making smart choices! 🚀 "Believe in the process, and the profits will follow." 💡
⚠️ Disclaimer : This analysis is intended for educational purposes only and does not constitute a trading or investment recommendation, as I am not a SEBI registered Analyst.
MOTHERSON: Interesting SetupLike always the chart should tell you everything you need to know about Motherson.
Now for the readers, here are some pointers:
- The price broke a structure in June to rally about 20%
- Currently, it is at a very crucial point. The previous strong support is now acting as a strong resistance.
- The 100 rupee mark is also a strong psychological resistance for companies like Motherson
- The price is now consolidating at the resistance zone which is a good sign.
- The bodies have gotten smaller showing indecision.
- The long upper wicks show the presence of sellers.
- A strong high-volume break and sustenance above the zone will be crucial.
- We then have an ATH zone sitting right at the top.
We will keep updating the comments for every unfolding price action. You may follow us for regular updates.
Have Requests, Questions, or Suggestions? DM us or comment below.👇
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
MSUMI Analysis & PredictionThis is the analysis of MSUMI in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About MSUMI:
Motherson Sumi Wiring India Ltd. engages in the manufacture and sale of wire harnesses, components, and wires to automotive original equipment manufacturers. The company was founded on July 2, 2020 and is headquartered in Mumbai, India.
MOTHERSON - Bullish Consolidation Breakout with VolumesNSE: MOTHERSON is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 9% to 14% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Motherson looks strong in this RallyNSE:MOTHERSON looks very strong on charts. The rally is sustainable in my opinion as the auto sector is in tailwinds and is doing well at the moment. The share formed a double bottom around 60 and has since rallied back up. Previous high could be a good target and therefore, levels of 120 can be expected in the coming months. If the stock breaks above 120, then it would end its long term correction and one can expect further rally.
Samvardhana Motherson International Ltd _ BreakoutCompany engaged in the manufacturing and sales of automotive parts. Promoter holding more than 65% with a slight % of promoter pledge. Even though the company is reducing their debt , but net profit declining for last 2 years. Technically it looks so good. Broken 1 year resistance trend line. Seems to get get an upside movement soon .
MOTHERSONMOTHERSON:- Rounding bottom pattern has been formed, breakout has also been given, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
MOTHERSON - Ichimoku Bullish Breakout Stock Name - Motherson Sumi Systems Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 80
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Make money by selling MothersonThe price gives the breakdown of the parallel channel and of support1.
Futures Trade
Short: 118.10
Stoploss: 122.65
Target: 111.30
Options Trade
Bear Spread
+1x 29SEP2022 120PE
-1x 29SEP2022 115PE
Max. Profit: +12,375
Max. Loss: -10,125
Max. RR Ratio - 1:1.22
Breakevens : 0-117.5
MOTHERSON SUMI WRNG IND L, looks strong on chartThis lately diversified Motherson company is ready to give a bullish move in coming week up to a level of 85.45. Daily chart has already given breakout from its resistance area, further zooming-in in hourly timeframe, shows breakout from cup & handle pattern with a gap-up. With auto sector looking bullish, it only further confirms the strength of up-move.
#Mothersonsumi Harmonic SupportNSE:MOTHERSUMI
Motherson sumi stock heading towards harmonic support
PRZ 122.60
Stop Loss:- 119.55 (closing basis)
first target gap filling
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Simple Trade Setup | MOTHERSUMI | 02-05-2022 [INTRADAY]NSE:MOTHERSUMI
Observations:
1) On 1hr time frame, we can see it has been trading in 10point range from 132-142.
Please refer below chart : 1hr time frame.
2) On 15min time frame we can see it is at the support channel. There can be chance if it takes support from it then we can see an buying but remember immediate breakout level is 142.
But if it gives breakdown of this channel and then retest it and face resistance from it then we can see down move to continue and immediate breakdown level is 132 Till then in range of 132-142 one can trade with scalping.
Please refer below chart : 15 time frame.
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Trade Setup for 02-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Mothersum Expecting a bounce from Trend supportNSE:MOTHERSUMI
Can buy now at 215 or safe trader can buy above 220
SL closing below 205
T 228, 235, 246
Closing above 252 see high of 270+
MOTHERSON SUMI NSE:MOTHERSUMI 228
-Running in H&S Pattern
- Coming Towards Neckline
-Next level to watch 195-200
-Resistance near 258