Is Samvardhana Motherson International Preparing for Its Next Rally?
About the Trend
Samvardhana Motherson International continues to show strong upward momentum, maintaining an uptrend that began in March this year. The recent price action indicates increasing bullish sentiment, with the stock making higher highs and higher lows — a classic signature of trend strength.
The trend remains intact as long as price holds above the key support zones. Failure to break below those supports indicates solid institutional confidence and steady accumulation.
The stock's momentum is strengthening and price behaviour shows continuation potential. A breakout above immediate ceilings could lead to extended upside in the coming weeks.
Key Levels to Monitor
- Immediate Support: ₹108
- Secondary Support: ₹100
- Resistance Range: ₹132 – ₹137
- Target Zone: ₹135 – ₹140
A fall below ₹100 appears less likely at this stage, given the strong trend structure. If momentum strengthens above ₹132, the stock may accelerate toward higher targets and establish a new price base.
Suggested Action Plan
Entry: Buy near ₹116 and accumulate further around ₹110.
Stop-Loss: Maintain initial stop-loss at ₹99.
Trailing Structure:
- Trail SL to ₹120 once price moves above ₹126
- Raise SL to ₹127 as price reaches ₹132
- Shift SL to ₹134 when price approaches ₹137
- Exit Zone: ₹140
This stepped risk control approach helps capture potential upside while systematically protecting capital as the trade develops.
Investor Takeaway
Samvardhana Motherson International remains in a healthy uptrend with strengthening momentum. As long as price sustains above major support levels, the stock may continue its upward journey in the short to medium term. A disciplined trailing stop-loss strategy offers a balanced approach to capture the trend while managing risk.
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SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.
