Motherson getting ready for upmove.Motherson ready for fresh up-move as trying to breakout from H&S like pattern . A sustained close above 101.5 needed. Volume, Momentum and RS improving.
MOTHERSON trade ideas
MothersonNeckline breakout in last month candle. Current month's candle has not closed yet but so far looking good.
Disclaimer: Intended for educational purpose only and it's not a buy or sell recommendation.
Motherson19/05/2024
Motherson on monthly chart
CMP: 129.95
If closed above 136
Target:195-210-250
SL: 3% or as per risk
Information is only for study purpse
Samvardhan motherson all time high Please consult your financial advisor before any investment we are not sebi registered. This is only for chart learning purpose.
Weekly and Monthly brakeout stock or soon to be brake out stockMotherson is going to ready for brake out after 6 years on monthly time frame . On weekly time frame also it is going to ready for brake out from current price it could go up to 175 rs also
Swing trade idea in MOTHERSONAbout the Company:
Samvardhana Motherson International Ltd. is a holding company, which engages in the manufacture and sale of wire harnesses, components, and wires to automotive original equipment manufacturers. It operates through the following segments: Wiring Harness, Modules and Polymer Products, and Emerging Businesses. The Wiring Harness segment focuses mainly on the business of manufacturing and trading of wiring harness, its components and rendering of support service function exclusively to wiring harness operations. The Modules and Polymer Products segment includes manufacturing and supplies of plastic parts and system modules for vehicle interiors and exteriors. The Emerging Businesses segment refers to the Elastomers, Precision Metals and Modules, and Services operations of the company. The company was founded by Swarn Lata Sehgal on December 19, 1986 and is headquartered in Mumbai, India.
On Verge of BreakoutShowing signs of breakout with some good build up, add to your watch list and watch for coming weeks.
MOTHERSON INTL. Ready to boom 💥 SAMVRDHNA MOTHERSON- Currently 114.10
The strong resistance is 120.40 if it break & sustain above 120.40 then the key level is 125.70 to 132.00. ( in short term analysis)
If these levels break then motherson face strong resistance at 145.95.
Keep going 💥
Happy trading
MOTHERSON31/12/2023
MOTHERSON
CMP: 101.95
Target: 115-120-130
SL: 3%
Information is only for study purpose
MOTHERSON LONG9 year consolidation need confirmation of break and close above 126 for continuation towards TP1 and beyond.
Auto sector has been doing very well and i expect it to continue for a while. lets see where this takes us.
Motherson possibily 18% upmove? MOTHERSON next level of rejection at 126-130?
Note : I am not a professional investor; I have only two years of experience in stocks and investing. Please refrain from making any trades based on my chart analysis, as this is solely for community learning purposes.
Consolidation zone - next big moveThis stock after break out - mostly vertical move pls follow this stock .
Institutions Operation started . after break retails increase the price
wait and watch............
Nice breakout.
Stock has recently given a breakout from parallel channel. After the breakout we see that volume is also increase. And Leading and lagging both indictors shows crossover. And if we see the past performance stock as created double bottom. As per the wave theory this is the beginning of wave 3. After seeing all the points, stock may reach around 130. A perfect stock to have in portfolio.
MothersonThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This I am not sebi ragister I
MOTHERSON Get it Cheap
Company has reduced debt.
Company has been maintaining a healthy dividend payout of 57.7%
Tax rate seems low
Company has a low return on equity of 4.45% over last 3 years.
Earnings include an other income of Rs.505 Cr.
Market Cap ₹ 66,213 Cr.
Current Price ₹ 97.6
High / Low ₹ 104 / 61.8
Stock P/E 76.2
Book Value ₹ 46.4
Dividend Yield 0.67 %
ROCE 2.86 %
ROE 2.47 %
Face Value ₹ 1.00
Samvrdhana Motherson International, can be a choice rational.Samvrdhana Motherson International Ltd. CMP – 89.95
Market Capitalization Rs 60,953.9Cr
Red Flags:🟥
High Valuation (P.E. = 31.9)
Declining annual net profit
Declining cash from operations annual
MFs are decreasing stake
Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
Previous Happy Candles Number – 59/100
New Happy Candles Number – 52/100
X/2 Fresh Entry/ averaging / compounding after closing above 93
Final Entry 95
Targets: 98 and 103
Long term target: 111 and 116
Stop loss: Closing below 85
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Motherson sumi chart analysisMotherson sumi chart analysis
for investment and trading
positional trading
TRADE SETUP _ MOTHERSONThe stock is completing a triple three correction, that has been ongoing since Sep., with today's fall.
The 95-97 zone is the 50-61.8% retracement of the entire fall.
CMP 88
SL 84.9
TARGET 95-97
motherson looks like bullish " NSE:MOTHERSON Motherson is currently showing a robust support level at ₹ 95. If the stock manages to break above this trendline-level within a short period, it could potentially experience a significant upward momentum, with a possible target around ₹ 103."
This statement emphasizes the current support level at ₹ 95 and the potential price target at ₹ 103 if the stock breaks above it. Remember that investing in stocks involves risk, and it's important to conduct thorough research or consult with a financial advisor before making any trading decisions.
SAMVRDHNA MTHRSN INTL LTDOn the Technicals,
1) During 2018, stock had reached its All time high and from thereon, it started declining and took 3.6 yrs (appx) to reach ATH again (formed U shape pattern)
2) And a Distribution range from ATH was formed for another 8 - 9 months till Feb'22 just to break down
3) Following that, price started accumulating from Mar'22 to Jul'23 and had given a break out (which also seems like a contracted U shape pattern than the earlier one pt.1)
4) Though it was not a strong BO in weekly time frame but it is sustaining above the trendline for 8 weeks except couple of weeks
5) This stock could have a Stop loss of minimum 6.5% to a maximum of 9.5% and with a target more than 25% & above to reach ATH by completing U shape pattern
On the Fundamentals, (as per Moneycontrol & Screener)
1) Promoters have reduced their stake around 3% last FY but DII slightly increased their stake
2) Though company had shown considerable improvement from third quarter of last FY; however, there was a slight decrease in Net profit for previous quarter (Q1 of current FY)
3) Reserves improving and borrowings coming down
4) PE/PB higher than Industry PE/PB
I observed and highlighted some of the important points by going through technical & fundamental aspects for discussion.
Please highlight if any mistake in the above and share any important point missed out so that i would be enlightening myself in the process of analysis.
Motherson SumiFinally time has come to Motherson Sumi for the reversal.
Safe entry above 92( based on th closing basis)
Motherson Sumi Weekly Double Bottom Pattern Bullish BreakoutKeep an eye on MothersonSumi and add it in your watchlist.
The stock is currently trading above the neckline of a weekly double bottom pattern which is a bullish reversal pattern.
If we get a weekly candle close above 84-85, price can go further high atleast till 100.
