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MARKET OUTLOOKMOTHERSONSTOCK OUTLOOK

MOTHERSON Outlook for the Week (May 06, 2024 – May 10, 2024)

MOTHERSON
MOTHERSON
MOTHERSON closed the previous week on a negative note losing 3.11%.

Technically, MOTHERSON share price will see immediate support at 129.17 and immediate resistance would be seen at 133.32.

If MOTHERSON share price closes below immediate support of 129.17, then sharp breakdown can be seen. MOTHERSON share price will see major support at 127.13 for the week.

On the positive side, immediate resistance will be seen at 133.32. Closing above 133.32, MOTHERSON share price will see a sharp breakout. Major resistance for MOTHERSON share price will be seen at 135.43 for the week.

Trading range for MOTHERSON share price for this week should be between 125.02 on down side and 137.47 on up side.

MOTHERSON Previous Week High: 133.4

MOTHERSON Previous Week Low: 129.25

MOTHERSON Previous Week Range: 4.15 Points

MOTHERSON share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 137.47
Resistance 2 135.43
Resistance 1 133.32
Support 1 129.17
Support 2 127.13
Support 3 125.02
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