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MARKET OUTLOOKMOTHERSONSTOCK OUTLOOK

MOTHERSON Outlook for the Week (January 01, 2024 – January 05, 2024)

MOTHERSON
MOTHERSON
MOTHERSON closed the previous week on a negative note losing 8.26%.

Technically, MOTHERSON share price will see immediate support at 96.58 and immediate resistance would be seen at 105.08.

If MOTHERSON share price closes below immediate support of 96.58, then sharp breakdown can be seen. MOTHERSON share price will see major support at 91.22 for the week.

On the positive side, immediate resistance will be seen at 105.08. Closing above 105.08, MOTHERSON share price will see a sharp breakout. Major resistance for MOTHERSON share price will be seen at 108.22 for the week.

Trading range for MOTHERSON share price for this week should be between 88.08 on down side and 113.58 on up side.

MOTHERSON Previous Week High: 102.85

MOTHERSON Previous Week Low: 94.35

MOTHERSON Previous Week Range: 8.5 Points

MOTHERSON share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 113.58
Resistance 2 108.22
Resistance 1 105.08
Support 1 96.58
Support 2 91.22
Support 3 88.08
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{"buy_point":[{"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},{"en_ltd":"2023-11-28","en_sup_p_91":"89.91","en_sup_t_91":"86.40","prev_close":"87.50","en_close":"89.95","new_date":"Nov 28","prev_close_no":87}],"sell_point":[{"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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