17-05-2024 10:49 AM | Source: Religare Broking Ltd
Stock of the day : Samvardhana Motherson Ltd For Target Rs.136 - Religare Broking

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Samvardhana Motherson Ltd

* MOTHERSON has been in a steady uptrend from past many months forming series of higher highs and lows.

* The stock is forming an elevated base around its previous supply zone with positive bias.

* Also, it coincides with its short term moving average i.e. 20 DEMA.

* Traders can consider fresh longs in the mentioned range.

Buy Samvardhana Motherson Ltd CMP 127.25 Range 126-128 SL 123; Target 136

 

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