Mothersonsumi
MOTHERSON STOCKBSE:MOTHERSON Stock is break and sustain above the resistance level of 197 rupees,
You can buy this stock when it crosses and sustain above Rs 209,
The stock can go from 215 to 220 as the first target,
The second target is 227 to 232,
Stoploss is one day candle closed below 180 rupees.
MOTHERSON at All time high BreakoutNSE:MOTHERSON stock is consolidating at All Time High levels after strong run.
Yesterday spike in volume indicates strong accumulation in consolidation phase and stock is getting ready for breakout.
After Resistance Breakout above 210 stock will make fresh higher highs again.
Support levels in short term at 192-195 and for mid to long term at 185
on the upside 230 and 250 possible with current pattern.
Education purpose only. No buy sell recommendation
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.
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 sumi breakout - LongMotherson 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.
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.
Ready for the up move!Chart -> MOTHERSON SUMI WRNG Daily
The stock has created a good-looking base after the down move and today looks like the breakout is done.
CMP: 55
Good Range: 53 to 55
Target: 59, 62.50
SL: 52.50 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
LONG ON MOTHERSON, UK FTA WILL BE A BIG PUSH FOR AUTO ANCILLARY * Harmonic 1.272 pattern
*Above all moving averages on 4 hr and 1 hr time frame
* Weekly time frame rising RSI and MA crossover
* UK- INDIA FTA TRADE CAN BE GREAT PUSH FOR THE STOCK
* Bullish morubozu candle on monthly
* 60 level is a very good support for the stock
Will Support Hold? Motherson Sumi is a leading Auto ancillary company.
Increasing Topline with reducing Operating Margins led to bottomline contraction, and hence falling share prices, accentuated by the slowdown in Automobile space.
With the Auto sector slowly reviving, and a normalish quarter, it remains to see if the price can gather some support here.
Not an Investment advice, Only for research purpose. Thanks!
SAMVARDHANA MOTHERSON - DAILY - 28.09.22 - BAHAVAN CAPITALSAMVARDHANA MOTHERSON INTERNATIONAL as per daily chart analysis Stock have broken support at 110 and now next support is at 101 level and if this is broken next support is at 91 level.
FII Net Buying
22025.62 Crores for August 2022
FII Net Selling
13143.57 Crores upto Sep 28 2022
It Shows FII only holding 8882.05 Crores as on today 28.09.22 and if they dilute then whether it can reach July level which was Nifty 15195? Lets see....
Motherson in a symmetrical triangle consolidation.Motherson sumi has been consolidating in a triangle pattern from the month of April and is respecting the trend line on daily time frame.
It is trading around its 20 DMA. The volume indicator is showing decrease in volumes.
On weekly analysis, the stock is taking a resistance from its 200 ema and both the moving averages are close enough.
If the stock breaks out of the triangle with volume confirmation, a swing trade can be initiated.
Targets :- 132, 135, 144
Stop Loss:- 121
The decrease in the volume is also showing the consolidation phase of the stock.
Wait for a break out and its retest to initiate the trade.