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2024-09-27 11:15:17 am | Source: Religare Broking
Stock of the day : Samvardhana Motherson International Ltd For Target Rs. 226 - Religare Broking

Samvardhana Motherson International Ltd

* We are seeing a decent traction in auto and auto-related sectors and MOTHERSON is offering a fresh buying opportunity.

* It has registered a breakout from basing pattern after spending over two months in consolidation phase.

* The breakout has been accompanied with a strong bullish candle and noticeable volumes.

* Hence, traders can consider longs in the mentioned range.

 

Buy Samvardhana Motherson International Ltd CMP 213 Range 211-213 SL 205 Target 226

 

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