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MARKET OUTLOOKMOTHERSONSTOCK OUTLOOK

MOTHERSON Outlook for the Week (February 19, 2024 – February 23, 2024)

MOTHERSON
MOTHERSON
MOTHERSON closed the previous week on a negative note losing 11.30%.

Technically, MOTHERSON share price will see immediate support at 107.87 and immediate resistance would be seen at 121.82.

If MOTHERSON share price closes below immediate support of 107.87, then sharp breakdown can be seen. MOTHERSON share price will see major support at 101.68 for the week.

On the positive side, immediate resistance will be seen at 121.82. Closing above 121.82, MOTHERSON share price will see a sharp breakout. Major resistance for MOTHERSON share price will be seen at 129.58 for the week.

Trading range for MOTHERSON share price for this week should be between 93.92 on down side and 135.77 on up side.

MOTHERSON Previous Week High: 123.4

MOTHERSON Previous Week Low: 109.45

MOTHERSON Previous Week Range: 13.95 Points

MOTHERSON share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 135.77
Resistance 2 129.58
Resistance 1 121.82
Support 1 107.87
Support 2 101.68
Support 3 93.92
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{"buy_point":[{"en_ltd":"2024-01-25","en_sup_p_91":"110.89","en_sup_t_91":"108.74","prev_close":"110.00","en_close":"115.40","new_date":"Jan 25","prev_close_no":110},{"en_ltd":"2024-01-09","en_sup_p_91":"106.77","en_sup_t_91":"104.18","prev_close":"105.70","en_close":"107.05","new_date":"Jan 9","prev_close_no":105}],"sell_point":[{"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},{"en_ltd":"2024-01-23","en_sup_p_91":"106.81","en_sup_t_91":"110.89","prev_close":"107.40","en_close":"106.35","new_date":"Jan 23","prev_close_no":107}]}

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