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MARKET OUTLOOKMOTHERSONSTOCK OUTLOOK

MOTHERSON Outlook for the Week (March 11, 2024 – March 15, 2024)

MOTHERSON
MOTHERSON
MOTHERSON closed the previous week on a negative note losing 6.84%.

Technically, MOTHERSON share price will see immediate support at 115.70 and immediate resistance would be seen at 124.35.

If MOTHERSON share price closes below immediate support of 115.70, then sharp breakdown can be seen. MOTHERSON share price will see major support at 112.45 for the week.

On the positive side, immediate resistance will be seen at 124.35. Closing above 124.35, MOTHERSON share price will see a sharp breakout. Major resistance for MOTHERSON share price will be seen at 129.75 for the week.

Trading range for MOTHERSON share price for this week should be between 107.05 on down side and 133.00 on up side.

MOTHERSON Previous Week High: 126.5

MOTHERSON Previous Week Low: 117.85

MOTHERSON Previous Week Range: 8.65 Points

MOTHERSON share price support and resistance for the week (March 11, 2024 – March 15, 2024)

Level Type Value
Resistance 3 133.00
Resistance 2 129.75
Resistance 1 124.35
Support 1 115.70
Support 2 112.45
Support 3 107.05
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{"buy_point":[{"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},{"en_ltd":"2024-02-12","en_sup_p_91":"117.47","en_sup_t_91":"121.42","prev_close":"121.25","en_close":"114.40","new_date":"Feb 12","prev_close_no":121}]}

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