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MARKET OUTLOOKMOTHERSONSTOCK OUTLOOK

MOTHERSON Outlook for the Week (December 18, 2023 – December 22, 2023)

MOTHERSON
MOTHERSON
MOTHERSON closed the previous week on a negative note losing 5.46%.

Technically, MOTHERSON share price will see immediate support at 95.17 and immediate resistance would be seen at 100.62.

If MOTHERSON share price closes below immediate support of 95.17, then sharp breakdown can be seen. MOTHERSON share price will see major support at 92.08 for the week.

On the positive side, immediate resistance will be seen at 100.62. Closing above 100.62, MOTHERSON share price will see a sharp breakout. Major resistance for MOTHERSON share price will be seen at 102.98 for the week.

Trading range for MOTHERSON share price for this week should be between 89.72 on down side and 106.07 on up side.

MOTHERSON Previous Week High: 99.9

MOTHERSON Previous Week Low: 94.45

MOTHERSON Previous Week Range: 5.45 Points

MOTHERSON share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 106.07
Resistance 2 102.98
Resistance 1 100.62
Support 1 95.17
Support 2 92.08
Support 3 89.72
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{"buy_point":[{"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":[]}

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