OI Change in March Series
Motherson sumi's exposure to European markets and the uncertainty caused in the region caused buy the Russia Ukraine war has led to a build up of short positions in the company's stock futures. "The overall structure is weak even as the stock has shown recovery from the oversold trajectory in line with the recovery in the market. some more pullback can continue to 45-150 level but one should use this bounce to sell the stock. On the lower side the stock has support at 130
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