MOTHERSON moving up the ladder after years of consolidation

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TRADE: Have Entered Motherson 137 sl 122 with Half Risk

REASON TO TRADE: Post 10 years of consolidation it has broken out of the range and now seems geared up for the demand in its shares.

DEFINED SL@ 122
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TRADE: Have Entered Motherson @164 sl 137 with Half Risk

REASON TO TRADE: Post consolidation it has broken out again and now seems geared up for the demand in its shares.

DEFINED SL@ 137 on Daily Closing Basis
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Booked 30% quantity as getting 1:4 Reward against Risk and trailing rest with SL @160
Beyond Technical Analysis
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