Stock Information Portal

Price and trend forecast of MOTHERSON for Tomorrow, Weekly, Monthly

Samvardhana Motherson International Limited

Symbol: NSE:MOTHERSON

ISIN: INE775A01035

126.90

As on 2024-04-24

69.30 (52W Low) 129.95 (52W High)

MOTHERSON's Today's Performance

Samvardhana Motherson International Limited started the day by opening at 128.85 today 2024-04-24. Its shares reached a high of 128.85 and dipped to a low of 126.00 in intraday. When the markets closed, MOTHERSON’s stock price settled at ₹126.90 per share. Also check out its key support and resistance levels.

MOTHERSON Buy/Sell Targets

Tomorrow, sell MOTHERSON when its price reaches ₹ 126.90 with a stop-loss order at ₹ 129.21. You can set the target price as ₹ 124.59 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.

In the sections below, we will discuss detailed share price target of MOTHERSON for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Down levels for MOTHERSON

Downside Targets Value in ₹
Tomorrow Down Target 1 129
Tomorrow Down Target 2 130
Tomorrow Down Target 3 131

Important Levels for MOTHERSON

Holding Levels Value in ₹
Tomorrow Up Target 1 126
Tomorrow Up Target 2 124
Tomorrow Up Target 3 123
Based on where the stock opens tomorrow, if MOTHERSON opens on a positive note, our first target will be ₹129. If Target 1 is achieved, we will aim for Target 2 which is ₹130.

But if MOTHERSON falls below the average value of ₹127.25, you can enter a sell side position with target number 1 - ₹126 and second target - ₹124 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.

Daily Volume chart of MOTHERSON

Looking at MOTHERSON, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.

In terms of its price, MOTHERSON has been on a Upward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for MOTHERSON is moderate bullish.

Tomorrow's Volume based share price Forecast for MOTHERSON

MOTHERSON's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is -35%.

Reversal detection for MOTHERSON

Predicted trend chart of MOTHERSON tomorrow for price forecast
MOTHERSON may trend may continue to be bearish since stock is making lower low and we can get target of ₹127 in morning tomorrow
Target 1 tomorrow128
Target 2 tomorrow129
Target 3 tomorrow130
 

Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.

Combine this trend forecast with MOTHERSON's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.

Based on where the stock opens tomorrow, if MOTHERSON opens on a positive note, our first target will be ₹128.50. If Target 1 is achieved, we will aim for Target 2 which is ₹130.10.

But if MOTHERSON falls below the average value of ₹127.25, you can enter a sell side position with target number 1 - ₹125.65 and second target - ₹124.40

MOTHERSON's Weekly Targets
1st Up Target 130.37
2nd Up Target 133.83
1st Down Target 122.52
2nd Down Target 118.13

As the week for MOTHERSON ended on bullish sentiments, we can expect further continuation of this sentiment. MOTHERSON's initial target will be 130.37 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 122.52 in the upcoming week.

Weekly OHLC Values
Open 126.60
High 129.45
Low 121.60
Close 126.90

Week for MOTHERSON started with an open price of 126.60, and the close was at 126.90. MOTHERSON reached the highest of 129.45 and dipped lowest up to 121.60 last week. This indicates a bullish sentiment for the week.

MOTHERSON full month swing targets
Monthly Up Target 1 138.22
Monthly Up Target 2 141.68
Monthly Down Target 1 114.67
Monthly Down Target 2 102.43

Targets of ₹138.22 can be expected to be reached in the coming month. Once MOTHERSON achieved this target, we can aim for the next upside target of ₹141.68.

MOTHERSON if fails to hold upside, down targets of ₹114.67 and ₹102.43 can be achieved by end of this month.

For complete three weeks if MOTHERSON is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.

Related Stocks in the Same Sector as MOTHERSON

Symbol Name Industry
MARUTI Maruti Suzuki India Limited Auto Manufacturers
TATAMTRDVR Tata Motors Limited Auto Manufacturers
TATAMOTORS Tata Motors Limited Auto Manufacturers
TITAN Titan Company Limited Luxury Goods
BAJAJ-AUTO Bajaj Auto Limited Auto Manufacturers

Summary

MOTHERSON is expected to reach the target of 128.50 in tomorrow's trading session.

After achieving the initial target in MOTHERSON, we will aim for higher targets of 130.10 tomorrow.

However, if MOTHERSON starts to trade below ₹127.25, then we will shift our focus to the sell side and aim for down targets of 125.65 and 124.40.