Structure Breakout After Compression ⚡📈
Samvardhana Motherson (NSE: MOTHERSON) has broken out of a falling wedge inside a long-term uptrend.
Price reclaimed the key ₹100–112 zone, showing strength after months of controlled correction.
This is a clean structure breakout, supported by rising weekly volume and higher lows.
Structure Highlights
📌 Long-term rising trendline intact
📌 Falling wedge breakout → bullish continuation signal
📌 Weekly close above 50 EMA
📌 RSI momentum turning up
📌 Supply zone at ₹112 reclaimed
📌 Accumulation visible at structural supports
Key Levels
Support:
Resistance:
Bias stays positive above ₹100.
Technical Snapshot
✅ Structure breakout
✅ Volume expansion
✅ Momentum recovery
✅ Large-cap auto ancillary strength
✅ Potential for continuation toward ₹120–₹130+
📒 Educational price structure analysis — not investment advice.
Samvardhana Motherson (NSE: MOTHERSON) has broken out of a falling wedge inside a long-term uptrend.
Price reclaimed the key ₹100–112 zone, showing strength after months of controlled correction.
This is a clean structure breakout, supported by rising weekly volume and higher lows.
Structure Highlights
📌 Long-term rising trendline intact
📌 Falling wedge breakout → bullish continuation signal
📌 Weekly close above 50 EMA
📌 RSI momentum turning up
📌 Supply zone at ₹112 reclaimed
📌 Accumulation visible at structural supports
Key Levels
Support:
- ₹106
- ₹100.40 (major structure support)
Resistance:
- ₹112.30
- ₹120+
- ₹143 (major swing high zone)
Bias stays positive above ₹100.
Technical Snapshot
✅ Structure breakout
✅ Volume expansion
✅ Momentum recovery
✅ Large-cap auto ancillary strength
✅ Potential for continuation toward ₹120–₹130+
📒 Educational price structure analysis — not investment advice.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
