Samvardhana Motherson: Cup Completion → Breakout Triggered 🚗📈

Motherson has spent most of 2024–2025 forming a clean rounding base / cup structure after completing a strong impulsive up-move. Left side: Sharp rally into ~₹135–140 Middle: Deep corrective phase into ~₹75–80 (time + price correction → Wave (4) nature) Right side: Gradual, controlled recovery back to the rim This is textbook Wave (4) → Wave (5) transition, where: Correction was time-consuming, not trend-breaking No structural damage to long-term trend The weekly close above ₹125–127 signals cup completion and start of impulsive expansion. 🔹 Price Action Confirmation Breakout came with a strong bullish weekly candle (+7%) Close near highs → no supply pressure at resistance Prior resistance (~₹125) now flips into structural support This is not a “hope breakout” — it’s acceptance above a 1.5-year base. 🔹 MACD & Momentum Read Weekly MACD is in positive territory Histogram expanding → momentum acceleration No bearish divergence despite long base → healthy trend resumption Momentum is aligning with structure, not fighting it. 🔹 AVWAP / Cost Zone Logic Price is trading above AVWAP of the entire 2024–25 corrective phase This indicates: Majority participants are now in profit Probability of aggressive selling is low Pullbacks are more likely to be buy-on-dips