Powered by: Motilal Oswal
2025-10-15 11:24:10 am | Source: Religare Broking Ltd
Stock of the day : Samvardhana Motherson International Ltd by Target Rs. 111 - Religare Broking Ltd
 Stock of the day : Samvardhana Motherson International Ltd by Target Rs. 111 - Religare Broking Ltd

Samvardhana Motherson International Ltd

Buy Samvardhana Motherson International Ltd CMP 105.05 Range 104-106 SL 102 Target 111

* MOTHERSON price action exhibits potential for a bullish reversal, having closed above a breakout from a declining trendline.

* The stock remains supported above key short- to medium-term exponential moving averages (20, 50 and 100 EMA), signaling strengthening momentum.

* Accompanying volume expansion reinforces price stability and suggests continuation of the upward trend.

* Market participants may consider accumulation within the current range, aligning positions with the prevailing bullish trajectory and technical confirmation of sustained buying interest.

 

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here