Daily Analysis on

MOTHERSON

Motherson Sumi Wiring – Detailed Market View Why the Stock is Rallying for the Last 3 Sessions? Strong institutional buying seen in the counter. Positive sentiment in the auto & EV sector. Technical breakout on charts attracted short-term traders. Optimism around upcoming earnings and strong order flows. Technical Outlook Stock has shown a consistent uptrend for 3 sessions. Support zone: ₹92–94 Resistance zone: ₹100–105 Sustaining above ₹100 may extend the rally towards ₹106–110. In the medium term, if momentum continues, targets of ₹118–125 are possible. Upcoming Events & Impact Quarterly Earnings: Any improvement in margins will act as a key trigger. EV-related new contracts: Could boost valuation further. Auto sales data (domestic & international): Will directly influence stock movement. Future Price Outlook Short Term (2–3 weeks): ₹105–110 if momentum sustains. Medium Term (3–6 months): ₹118–125 on strong sector support. Long Term (1–2 years): With EV adoption & global demand, potential to test ₹150+.