“Auto revival meets technical strength – is ₹100 just the beginning?”

🚘 2. Samvardhana Motherson International – Auto Ancillary Momentum Play - CMP: ₹96 - Major Support: ₹92 - Major Resistance: ₹102 🔍 Technical Snapshot: - Strong bullish structure with higher highs and higher lows. - Above all key EMAs; RSI near 60, showing strength without being overbought. - MACD crossover supports continued momentum. ⚠️ Investor Watchout: - Global auto recovery and EV adoption are tailwinds. - Exposure to European markets makes it sensitive to currency and macro shocks. - Watch quarterly results for margin expansion and order wins.