2026-02-10 11:19:25 am | Source: Religare Broking Ltd
Stock of the day : Motherson Group Ltd by Target Rs. 132 - Religare Broking Ltd
Motherson Group
* MOTHERSON’s price action exhibits a well-defined bullish structure, with the stock trading above its key moving averages, confirming sustained positive momentum.
* The recent upside breakout, accompanied by a pattern of higher highs and higher lows along with volume expansion, indicates accumulation rather than distribution.
* The broader trend remains intact, as prices continue to trade within a rising channel, suggesting continuation of the primary uptrend.
* Selective long positions may be considered.
Buy Motherson Group Ltd CMP 124.41 Range 123-125 SL 120 Target 132
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