Stock of the day : Samvardhana Motherson International Ltd For Target Rs. 226 - Religare Broking
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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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SEBI Registration number is INZ000174330
