Samvrdhana Motherson International Ltd. CMP – 89.95
Market Capitalization Rs 60,953.9Cr
Red Flags:🟥
High Valuation (P.E. = 31.9)
Declining annual net profit
Declining cash from operations annual
MFs are decreasing stake
Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
Previous Happy Candles Number – 59/100
New Happy Candles Number –...
Samvardhana Motherson International Ltd now bullish
Motherson has hit a breakout of the "bullish pennant"
And has also retested
first target was 86.5 approx 9% return
if cross 86.5 then we enter to choppy zone
(86 to 90)
if cross 90 then second target was 97 approx 22% return
keep your stoploss at 75 to 76
If we keep going up, your stoploss should also...
