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MARKET OUTLOOKMOTHERSONSTOCK OUTLOOK

MOTHERSON Outlook for the Week (April 08, 2024 – April 12, 2024)

MOTHERSON
MOTHERSON
MOTHERSON closed the previous week on a negative note losing 4.99%.

Technically, MOTHERSON share price will see immediate support at 116.60 and immediate resistance would be seen at 122.75.

If MOTHERSON share price closes below immediate support of 116.60, then sharp breakdown can be seen. MOTHERSON share price will see major support at 113.80 for the week.

On the positive side, immediate resistance will be seen at 122.75. Closing above 122.75, MOTHERSON share price will see a sharp breakout. Major resistance for MOTHERSON share price will be seen at 126.10 for the week.

Trading range for MOTHERSON share price for this week should be between 110.45 on down side and 128.90 on up side.

MOTHERSON Previous Week High: 123.3

MOTHERSON Previous Week Low: 117.15

MOTHERSON Previous Week Range: 6.15 Points

MOTHERSON share price support and resistance for the week (April 08, 2024 – April 12, 2024)

Level Type Value
Resistance 3 128.90
Resistance 2 126.10
Resistance 1 122.75
Support 1 116.60
Support 2 113.80
Support 3 110.45
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{"buy_point":[{"en_ltd":"2024-03-21","en_sup_p_91":"115.04","en_sup_t_91":"110.68","prev_close":"112.10","en_close":"115.25","new_date":"Mar 21","prev_close_no":112},{"en_ltd":"2024-02-28","en_sup_p_91":"116.78","en_sup_t_91":"113.57","prev_close":"115.35","en_close":"118.55","new_date":"Feb 28","prev_close_no":115}],"sell_point":[{"en_ltd":"2024-03-07","en_sup_p_91":"119.34","en_sup_t_91":"123.91","prev_close":"120.85","en_close":"118.95","new_date":"Mar 7","prev_close_no":120}]}

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