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MARKET OUTLOOKMOTHERSONSTOCK OUTLOOK

MOTHERSON Outlook for the Week (January 29, 2024 – February 02, 2024)

MOTHERSON
MOTHERSON
MOTHERSON closed the previous week on a negative note losing 10.29%.

Technically, MOTHERSON share price will see immediate support at 107.68 and immediate resistance would be seen at 119.63.

If MOTHERSON share price closes below immediate support of 107.68, then sharp breakdown can be seen. MOTHERSON share price will see major support at 99.97 for the week.

On the positive side, immediate resistance will be seen at 119.63. Closing above 119.63, MOTHERSON share price will see a sharp breakout. Major resistance for MOTHERSON share price will be seen at 123.87 for the week.

Trading range for MOTHERSON share price for this week should be between 95.73 on down side and 131.58 on up side.

MOTHERSON Previous Week High: 116.15

MOTHERSON Previous Week Low: 104.2

MOTHERSON Previous Week Range: 11.95 Points

MOTHERSON share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 131.58
Resistance 2 123.87
Resistance 1 119.63
Support 1 107.68
Support 2 99.97
Support 3 95.73
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{"buy_point":[{"en_ltd":"2024-01-25","en_sup_p_91":"110.89","en_sup_t_91":"108.74","prev_close":"110.00","en_close":"115.40","new_date":"Jan 25","prev_close_no":110},{"en_ltd":"2024-01-09","en_sup_p_91":"106.77","en_sup_t_91":"104.18","prev_close":"105.70","en_close":"107.05","new_date":"Jan 9","prev_close_no":105},{"en_ltd":"2023-12-26","en_sup_p_91":"95.33","en_sup_t_91":"92.75","prev_close":"94.80","en_close":"96.10","new_date":"Dec 26","prev_close_no":94}],"sell_point":[{"en_ltd":"2024-01-23","en_sup_p_91":"106.81","en_sup_t_91":"110.89","prev_close":"107.40","en_close":"106.35","new_date":"Jan 23","prev_close_no":107},{"en_ltd":"2024-01-03","en_sup_p_91":"102.69","en_sup_t_91":"107.10","prev_close":"105.00","en_close":"101.90","new_date":"Jan 3","prev_close_no":105},{"en_ltd":"2023-12-19","en_sup_p_91":"96.48","en_sup_t_91":"99.67","prev_close":"97.95","en_close":"96.35","new_date":"Dec 19","prev_close_no":97}]}

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