☕ Cup & Handle Breakout on Motherson Sumi Wiring 🚀

🔎 Technical View Pattern: A well-defined Cup & Handle pattern is visible on the weekly timeframe. Price has broken above the neckline near ₹47. Volume Confirmation: Breakout accompanied by strong volume – adds credibility. Upside Target: Based on pattern height (₹22), projected target comes near ₹68–70. Support: Immediate support at ₹45, deeper support around ₹40. ✅ Fundamentals Snapshot Business: Strong auto component player, key beneficiary of EV and wiring harness demand. Financials: Consistent revenue growth with improving margins as supply chain pressures ease. Macro Tailwind: Auto sales cycle recovery + global EV push provide long-term structural demand. ⚡ Trading View: A high-probability bullish breakout. Sustaining above ₹47 can open up a multi-week rally towards ₹68+. Risk management essential with stop near ₹44.