MOTHERSON - Technical Analysis with Chart Patterns & Indicators
Last Updated Time : 19 Sept 25, 2:16 pm
Back to Technical ListTechnical Rating: 4.4
Hereβs a detailed technical analysis of Motherson Ltd. (MOTHERSON) based on current indicators and price action
π Trend Analysis
Current Trend: The stock is in a strong uptrend, trading well above both 50 DMA and 200 DMA.
Momentum: Bullish. RSI at 70.8 is entering overbought territory, and MACD at 3.13 remains positive β signaling continued strength but caution near resistance.
π Moving Averages
50 DMA: βΉ99.2
200 DMA: βΉ98.8
Interpretation: Price at βΉ109 is comfortably above both averages. The 50 DMA is trending upward, confirming short-term bullish momentum.
π MACD & RSI
MACD: Positive and rising, indicating bullish momentum.
RSI: At 70.8, slightly overbought β could lead to short-term consolidation or minor pullback.
Conclusion: Momentum indicators are strong but suggest caution for fresh entries.
π Volume Trends
Current Volume: 1.70 crore
1-Week Avg Volume: 3.68 crore
Interpretation: Volume has dipped below average, which may indicate momentum slowing or profit booking near resistance.
π Bollinger Bands
Price is near the upper band, signaling strength but also potential short-term exhaustion. A breakout above βΉ112ββΉ115 with volume would confirm continuation.
π Support & Resistance Levels
Level Price (βΉ) Commentary
Support 1 99.2 50 DMA, short-term support
Support 2 98.8 200 DMA, strong base
Resistance 1 112 Recent swing high
Resistance 2 120β125 Next breakout zone
Resistance 3 145 52-week high, long-term ceiling
π― Entry & Exit Zones
Optimal Entry: βΉ100ββΉ104 (on pullback to 50 DMA with confirmation)
Exit Zone: βΉ120ββΉ125 (partial profit booking), βΉ140ββΉ145 (final target if momentum sustains)
π Summary
Trend: Trending upward
Momentum: Bullish but nearing exhaustion
Bias: Buy on dips
Short-Term Strategy: Accumulate near βΉ100ββΉ104 with targets around βΉ120ββΉ145. Monitor RSI for reversal signals and MACD for trend continuation.
Let me know if youβd like a visual chart setup or swing trade plan based on this!
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