MSUMI - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.3

Here’s a comprehensive technical analysis of Motherson Sumi Wiring India Ltd (MSUMI)

📊 Trend Overview

Current Trend: Bullish

Phase: Trending with strong short-term momentum

Bias: Positive, supported by price action above key moving averages and strong RSI

📈 Technical Indicators Analysis

🔹 Moving Averages

50 DMA: ₹43.3

200 DMA: ₹40.7

Current Price: ₹48.7

Price is well above both DMAs, confirming a bullish trend

Rising slope on both averages indicates strengthening momentum

🔹 RSI (Relative Strength Index)

RSI: 66.6

Bullish zone, approaching overbought territory

Suggests strong buying interest but caution near ₹50+

🔹 MACD (Moving Average Convergence Divergence)

MACD: 2.29

Positive and rising, confirming bullish momentum

Histogram widening, indicating increasing trend strength

🔹 Bollinger Bands

Price near upper band, signaling bullish breakout potential

Bands expanding, indicating rising volatility and possible continuation

🔹 Volume Trends

Current Volume: 83.2 lakh

1-Week Avg Volume: 125.6 lakh

Volume slightly below average, suggesting mild consolidation

Watch for volume spike to confirm breakout above ₹50.5

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 46.5 Minor pullback zone

Support 2 43.3 50 DMA, strong base

Resistance 1 50.5 52-week high, immediate ceiling

Resistance 2 54.0 Projected breakout target

Resistance 3 58.0 Extended target zone if momentum sustains

🎯 Entry & Exit Zones

Optimal Entry Zone: ₹46.5–₹47.5 (on pullback near support)

Exit Zone / Profit Booking: ₹54.0–₹58.0 (resistance and breakout target)

🔍 Momentum Signals

Short-Term: Strong bullish momentum with breakout potential

Medium-Term: Trending upward with confirmation from MACD and moving averages

Volume: Needs improvement for sustained breakout

🧭 Conclusion

MSUMI is currently trending upward, supported by bullish indicators across the board. Price action above moving averages, strong MACD, and expanding Bollinger Bands suggest continuation. Traders may consider entering on dips near ₹46.5 with targets around ₹54.0–₹58.0, while monitoring RSI and volume for signs of short-term exhaustion or breakout confirmation.

Let me know if you’d like to track this alongside other auto component stocks or set up alerts for breakout signals.

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