- summary:
- MotherSon shares rise by 14 % from $ 116 after a sharp drop from $ 216. Laayoune penetration key at $ 136.45. Is this the reflection of trend?
Samvardhana Motheson Share PRICE (NSE: MotherSon) made a sharp recovery, wore approximately 14 % of her lowest level in 52 weeks of $ 116.08 to $ 132.16 in only a few sessions.
After months of uncompromising sale, which witnessed the collapse of shares from $ 216.86 in August 2024, the price finally found support in the critical demand area. With technical indicators flashing early ascension signals, the big question now is whether this is a real reflection of the direction or just a short -term relief gathering before the bottom of another leg.
Why is the MotherSon share?
MotherSon shares are under pressure for several months, as it decreased sharply from high levels of $ 216 due to weak global demand, margin pressure, and risk feeling in the broader automatic component sector. However, the last bounce of $ 116 drew the attention of swinging traders, as the momentum indicators flared up early ups.
Technical Analysis: MotherSon main support and resistance areas
Support levels:
- 132.16 dollars – the immediate price axis area.
- 116.08 dollars – a strong base; It was tested and respected.
- $ 100 (psychological) – the next main support in the event of a breakdown.
Resistance levels:
- 136.45 dollars-short-term resistance; The stocks here recently were rejected.
- $ 159.32-mid-time obstacle; Past support, now resistance.
- 174.69 dollars – 180.76 dollars – the supply area where the bears may return.
- 200.06 dollars and 216.86 dollars-the main resistance levels in the long run.
Take final: Motheson Eyes $ 136 Breakout, but the bulls need to be convinced
The MotherSon share price increased by 13 % from $ 116, with the support of the ups and RSI, but the decisive collapse of more than $ 136.45 is very important to confirm the reflection of the direction. Until then, it remains in the area of making or breaking. Single traders should only act on strength, while in long -term investors must track the basics and size near $ 159 to enter the new.
