Technical Stock Pick: This auto component stock nearly doubles from 52-week low; reclaims 200-weekly EMA

Samvardhana Motherson Ltd, part of the auto component space, has almost doubled from its 52-week low recorded in March 2023 which helped the stock to reclaim its 200-weekly EMA on the weekly charts. Short-term traders can look to buy the stock now for a target of Rs 132 in the next 3-4 weeks, suggest experts. … Read more