Stock of the day : Samvardhana Motherson Ltd by Target Rs. 153 - Religare Broking Ltd
Samvardhana Motherson Ltd
Buy Samvardhana Motherson Ltd CMP (Rs) 145.22 Range* 144-146 SL 141 Target 153

* MOTHERSON continues to maintain a robust bullish structure, trading comfortably above its key short- and long-term moving averages, reflecting sustained underlying strength.
* The ongoing sideways-to-upward price action, accompanied by improving volume participation, suggests healthy consolidation following the recent rally and reinforces continued accumulation.
* The higher high–higher low formation remains intact, confirming the prevailing primary uptrend.
* Investors may consider buying the stock within the recommended range.
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SEBI Registration number is INZ00017433
