MOTHERSON Breakout Strength Points Higher
MOTHERSON has delivered a strong breakout above the previous resistance zone near 128–130 and is now sustaining above that level, indicating fresh buying interest. The price structure shows higher highs and higher lows, confirming an ongoing uptrend. RSI is trading in the bullish zone around 60+, reflecting positive momentum, while ADX suggests strengthening trend intensity. As long as the stock holds above the breakout level, the bias remains bullish with potential for further upside in the near term.
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