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Motherson International (CMP ₹211) – Poised for an Upward Move

469
MAKING NEW HIGH
Current Price Movement: Motherson International is trading at ₹211, showing signs of strength after a recent pullback.

Sectoral Strength: The auto sector is witnessing a breakout, adding further momentum to the stock.

Volume Surge: Increased volume suggests heightened interest from traders and investors, signaling potential upward movement.

Technical Support: The stock is trading above its 10-day moving average, indicating bullish sentiment.

Momentum: With strong momentum building, the stock appears ready for further gains.

Upcoming Target: A potential target of ₹240 is on the horizon, supported by technical and sectoral trends.

Penafian

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