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MARKET OUTLOOKMOTHERSONSTOCK OUTLOOK

MOTHERSON Outlook for the Week (September 04, 2023 – September 08, 2023)

MOTHERSON
MOTHERSON
MOTHERSON closed the previous week on a negative note losing 3.11%.

Technically, MOTHERSON share price will see immediate support at 95.88 and immediate resistance would be seen at 98.93.

If MOTHERSON share price closes below immediate support of 95.88, then sharp breakdown can be seen. MOTHERSON share price will see major support at 93.97 for the week.

On the positive side, immediate resistance will be seen at 98.93. Closing above 98.93, MOTHERSON share price will see a sharp breakout. Major resistance for MOTHERSON share price will be seen at 100.07 for the week.

Trading range for MOTHERSON share price for this week should be between 92.83 on down side and 101.98 on up side.

MOTHERSON Previous Week High: 98.15

MOTHERSON Previous Week Low: 95.1

MOTHERSON Previous Week Range: 3.05 Points

MOTHERSON share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 101.98
Resistance 2 100.07
Resistance 1 98.93
Support 1 95.88
Support 2 93.97
Support 3 92.83

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