Samvardhana Motherson #Screener — Structure Breakout
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.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.