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Finkhoz Roboadvisory Services

24th Feb · SEBI-Registered Analyst

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.

#EquityResearch#TechnicalViews
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