MOTHERSON – Strong Setup After 50% Correction A Portfolio-Worth
🚘 MOTHERSON – Strong Setup After 50% Correction | A Portfolio-Worthy Opportunity
🧭 Stock Overview & Why It Caught My Eye
Samvardhana Motherson International Ltd (commonly known as MOTHERSON) is one of the most consistent performers in the auto components sector — a stock that truly deserves a place in any serious portfolio.
🔹 The stock has undergone a ~50% correction from its all-time high, offering value.
🔹 Price recently tapped a key Monthly POI (Point of Interest) — a zone known for high institutional activity.
🔹 It formed a Higher High on the daily timeframe, confirming early trend reversal signs.
🔹 For the last 9 trading sessions, price has been consolidating between ₹131.40 and ₹139.50, preparing for a potential breakout.
🔍 Technical Rationale
Monthly POI + Consolidation is a powerful combination.
The recent Higher High structure indicates strength.
A breakout above ₹140.40 could trigger fresh bullish momentum.
Stop-Loss is tightly defined just below the consolidation range, giving a favorable risk-reward setup.
🧠 What Makes This Setup Special?
Smart Money Activity Likely – Price tapped a long-term POI and started building a base.
Volatility Shakeout Done – The consolidation likely cleared weak hands.
Now Setup is Cleaner – A breakout now would signal trend continuation.
🎯 Trade Setup & Plan
Trade Element Level/Range
Entry Zone On breakout above ₹140.40
Stop-Loss ₹130.60 (below consolidation low)
Target 1 ₹151
Target 2 ₹160
Target 3 ₹170++ (longer term projection)
⚠️ Note: Around the ₹161.80 zone, price may again consolidate or pull back. We’ll reassess trade management near that level.
🗣️ Final Thoughts & Notes
Missed the ₹120–₹118 zone entry due to market volatility — but the opportunity is still alive. The current structure gives a fresh chance to ride the next wave if the breakout confirms.
This is a textbook breakout setup from value zone + clean structure + well-defined stop-loss.
📢 Don’t Miss Out!
✅ Follow me to stay ahead of the market with real-time trade ideas.
👍 Drop a like if you found this useful & comment your view or analysis!
💬 Let’s discuss in the comment section — see you there! 🚀📊
🙏 Thanks for your continued support. Let's grow together, one trade at a time!
🧭 Stock Overview & Why It Caught My Eye
Samvardhana Motherson International Ltd (commonly known as MOTHERSON) is one of the most consistent performers in the auto components sector — a stock that truly deserves a place in any serious portfolio.
🔹 The stock has undergone a ~50% correction from its all-time high, offering value.
🔹 Price recently tapped a key Monthly POI (Point of Interest) — a zone known for high institutional activity.
🔹 It formed a Higher High on the daily timeframe, confirming early trend reversal signs.
🔹 For the last 9 trading sessions, price has been consolidating between ₹131.40 and ₹139.50, preparing for a potential breakout.
🔍 Technical Rationale
Monthly POI + Consolidation is a powerful combination.
The recent Higher High structure indicates strength.
A breakout above ₹140.40 could trigger fresh bullish momentum.
Stop-Loss is tightly defined just below the consolidation range, giving a favorable risk-reward setup.
🧠 What Makes This Setup Special?
Smart Money Activity Likely – Price tapped a long-term POI and started building a base.
Volatility Shakeout Done – The consolidation likely cleared weak hands.
Now Setup is Cleaner – A breakout now would signal trend continuation.
🎯 Trade Setup & Plan
Trade Element Level/Range
Entry Zone On breakout above ₹140.40
Stop-Loss ₹130.60 (below consolidation low)
Target 1 ₹151
Target 2 ₹160
Target 3 ₹170++ (longer term projection)
⚠️ Note: Around the ₹161.80 zone, price may again consolidate or pull back. We’ll reassess trade management near that level.
🗣️ Final Thoughts & Notes
Missed the ₹120–₹118 zone entry due to market volatility — but the opportunity is still alive. The current structure gives a fresh chance to ride the next wave if the breakout confirms.
This is a textbook breakout setup from value zone + clean structure + well-defined stop-loss.
📢 Don’t Miss Out!
✅ Follow me to stay ahead of the market with real-time trade ideas.
👍 Drop a like if you found this useful & comment your view or analysis!
💬 Let’s discuss in the comment section — see you there! 🚀📊
🙏 Thanks for your continued support. Let's grow together, one trade at a time!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.