MOTHERSON - Chart Analysis

On a Daily time frame, I see a gap down with bearish flag channel break out. There is a chance of attempt to fill the gap upto 75 If the gap holds strong then good possibility of stock going all the way to the channel low support of 61 and futher dropping to 50 levels.

Also, weekly time frame is showing lower high from previous swing and may form a lower low to 50 level which is also fib level 1.61 of the pivot.MOTHERSON