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MARKET OUTLOOKMOTHERSONSTOCK OUTLOOK

MOTHERSON Outlook for the Week (October 09, 2023 – October 13, 2023)

MOTHERSON
MOTHERSON
MOTHERSON closed the previous week on a negative note losing 4.56%.

Technically, MOTHERSON share price will see immediate support at 91.00 and immediate resistance would be seen at 95.40.

If MOTHERSON share price closes below immediate support of 91.00, then sharp breakdown can be seen. MOTHERSON share price will see major support at 89.35 for the week.

On the positive side, immediate resistance will be seen at 95.40. Closing above 95.40, MOTHERSON share price will see a sharp breakout. Major resistance for MOTHERSON share price will be seen at 98.15 for the week.

Trading range for MOTHERSON share price for this week should be between 86.60 on down side and 99.80 on up side.

MOTHERSON Previous Week High: 96.5

MOTHERSON Previous Week Low: 92.1

MOTHERSON Previous Week Range: 4.4 Points

MOTHERSON share price support and resistance for the week (October 09, 2023 – October 13, 2023)

Level Type Value
Resistance 3 99.80
Resistance 2 98.15
Resistance 1 95.40
Support 1 91.00
Support 2 89.35
Support 3 86.60
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{"buy_point":[{"en_ltd":"2023-09-01","en_sup_p_91":"96.92","en_sup_t_91":"94.54","prev_close":"95.80","en_close":"97.80","new_date":"Sep 1","prev_close_no":95}],"sell_point":[{"en_ltd":"2023-09-12","en_sup_p_91":"98.88","en_sup_t_91":"101.74","prev_close":"101.10","en_close":"97.50","new_date":"Sep 12","prev_close_no":101}]}

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