Samvardhana Motherson #Screener โ Structure Breakout

Structure Breakout After Compression โก๐
Samvardhana Motherson (NSE: MOTHERSON) has broken out of a falling wedge inside a long-term uptrend.
Price reclaimed the key โน100โ112 zone, showing strength after months of controlled correction.
This is a clean structure breakout, supported by rising weekly volume and higher lows.
Structure Highlights
๐ Long-term rising trendline intact
๐ Falling wedge breakout โ bullish continuation signal
๐ Weekly close above 50 EMA
๐ RSI momentum turning up
๐ Supply zone at โน112 reclaimed
๐ Accumulation visible at structural supports
Key Levels
Support:
Resistance:
Bias stays positive above โน100.
Technical Snapshot
โ Structure breakout
โ Volume expansion
โ Momentum recovery
โ Large-cap auto ancillary strength
โ Potential for continuation toward โน120โโน130+
๐ Educational price structure analysis โ not investment advice.
Samvardhana Motherson (NSE: MOTHERSON) has broken out of a falling wedge inside a long-term uptrend.
Price reclaimed the key โน100โ112 zone, showing strength after months of controlled correction.
This is a clean structure breakout, supported by rising weekly volume and higher lows.
Structure Highlights
๐ Long-term rising trendline intact
๐ Falling wedge breakout โ bullish continuation signal
๐ Weekly close above 50 EMA
๐ RSI momentum turning up
๐ Supply zone at โน112 reclaimed
๐ Accumulation visible at structural supports
Key Levels
Support:
- โน106
- โน100.40 (major structure support)
Resistance:
- โน112.30
- โน120+
- โน143 (major swing high zone)
Bias stays positive above โน100.
Technical Snapshot
โ Structure breakout
โ Volume expansion
โ Momentum recovery
โ Large-cap auto ancillary strength
โ Potential for continuation toward โน120โโน130+
๐ Educational price structure analysis โ not investment advice.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.