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Motherson International (CMP ₹211) – Poised for an Upward Move
SAMVRDHNA MTHRSN INTL LTD
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Motherson International (CMP ₹211) – Poised for an Upward Move
Oleh ashishmore1047
Ikuti
Ikuti
26 Sep 2024
1
4
26 Sep 2024
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.
Chart Patterns
Technical Indicators
Trend Analysis
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