Motherson is going to ready for brake out after 6 years on monthly time frame . On weekly time frame also it is going to ready for brake out from current price it could go up to 175 rs also
NSE:MOTHERSON
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
The current market conditions suggest a favorable buying opportunity in MOTHERSON SUMI , presenting astute investors with the possibility of capitalizing on potential gains.
Reasons are listed below :
Following rigorous testing at the 98 levels, the resistance has shown signs of weakening, heightening the likelihood of an imminent breakthrough.
Stock is in...
About the Company:
Samvardhana Motherson International Ltd. is a holding company, which engages in the manufacture and sale of wire harnesses, components, and wires to automotive original equipment manufacturers. It operates through the following segments: Wiring Harness, Modules and Polymer Products, and Emerging Businesses. The Wiring Harness segment focuses...
MOTHERSON:
1. Stock is Trading above 200 Daily SMA
2. Price is trading in between SELL Side VWAP & BUY side VWAP.
3. Trading in a wedge (It can Break up as well as Break down)
4. Took Support at 0.382 Fibb retracement.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice...
SAMVRDHNA MOTHERSON- Currently 114.10
The strong resistance is 120.40 if it break & sustain above 120.40 then the key level is 125.70 to 132.00. ( in short term analysis)
If these levels break then motherson face strong resistance at 145.95.
Keep going 💥
Happy trading
Weekly close above the zone.
A perfect stock for short term
Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
Motherson ready for fresh up-move as trying to breakout from H&S like pattern . A sustained close above 101.5 needed. Volume, Momentum and RS improving.
9 year consolidation need confirmation of break and close above 126 for continuation towards TP1 and beyond.
Auto sector has been doing very well and i expect it to continue for a while. lets see where this takes us.
MOTHERSON next level of rejection at 126-130?
Note : I am not a professional investor; I have only two years of experience in stocks and investing. Please refrain from making any trades based on my chart analysis, as this is solely for community learning purposes.
This stock after break out - mostly vertical move pls follow this stock .
Institutions Operation started . after break retails increase the price
wait and watch............
Stock has recently given a breakout from parallel channel. After the breakout we see that volume is also increase. And Leading and lagging both indictors shows crossover. And if we see the past performance stock as created double bottom. As per the wave theory this is the beginning of wave 3. After seeing all the points, stock may reach around 130. A perfect...
Company has reduced debt.
Company has been maintaining a healthy dividend payout of 57.7%
Tax rate seems low
Company has a low return on equity of 4.45% over last 3 years.
Earnings include an other income of Rs.505 Cr.
Market Cap ₹ 66,213 Cr.
Current Price ₹ 97.6
High / Low ₹ 104 / 61.8
Stock P/E 76.2
Book Value ₹ 46.4
...
Samvrdhana Motherson International Ltd. CMP – 89.95
Market Capitalization Rs 60,953.9Cr
Red Flags:🟥
High Valuation (P.E. = 31.9)
Declining annual net profit
Declining cash from operations annual
MFs are decreasing stake
Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
Previous Happy Candles Number – 59/100
New Happy Candles Number –...
