Samvardhana Motherson International Ltd
Motherson Sumi Systems is primarily engaged in the manufacturing and sale of components for automotive original equipment manufacturers (OEMs).
Technically, the stock has shown a significant accumulation phase and has formed a complex head and shoulders pattern. While we are publishing this idea a bit late, I personally entered the position around the ₹140 mark after the initial breakout candle. Despite the delay, I believe there is still potential for the stock to reach around ₹240 in the near future.
Technically, the stock has shown a significant accumulation phase and has formed a complex head and shoulders pattern. While we are publishing this idea a bit late, I personally entered the position around the ₹140 mark after the initial breakout candle. Despite the delay, I believe there is still potential for the stock to reach around ₹240 in the near future.
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