Samvardhana Motherson #Screener — Structure Breakout

198
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:
  • ₹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.

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