MOTHERSON for 75% (approx..) Potential Gain

Samvardhana Motherson is showing multiyear breakout with good amount of volume.. one can make a position with a SL below the trendline..

CMP : 131
TG : 230
SL : below trendline

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.

Disclosure : Holding