Samvardhana Motherson share price (NSE: MOTHERSON) has staged a sharp recovery, bouncing nearly 14% from its recent 52-week low of ₹116.08 to ₹132.16 in just a few sessions.
After months of relentless selling pressure that saw the stock crash from ₹216.86 in August 2024, the price has finally found support at a critical demand zone. With technical indicators flashing early bullish signals, the big question now is whether this is a genuine trend reversal or just a short-term relief rally before another leg down.
Motherson stock has been under pressure for months, falling sharply from ₹216 highs due to weakening global demand, margin compression, and a risk-off sentiment in the broader auto component sector. However, a recent bounce from ₹116 has caught the attention of swing traders as momentum indicators are flashing early bullish signals.
Motherson share price has rebounded 13% from ₹116, supported by bullish MACD and RSI, but a decisive breakout above ₹136.45 is critical to confirm a trend reversal. Until then, it remains in a make-or-break zone. Swing traders should act only on strength, while long-term investors should track fundamentals and volume near ₹159 for fresh entry.
This post was last modified on Mar 27, 2025, 11:45 GMT 11:45