MOTILAL OSWAL FIN LTD
Long
Updated

Bullish on MOTILAL OSWAL for Long Term

After reaching an ATH of 1588.40 in Jan'18, MOTILALOFS corrected by approx 73% to reach a low of 426 in Mar '20, followed by an upward journey to 1188 and then corrected. In the process it formed a falling wedge pattern.

The scrip broke out of the wedge pattern in the month of Oct'23 rising 33% in last two months.
Note
Target 1 achieved on 9th Jan'24
Trade active
Target 2 approaching
Note
Target 2 achieved yesterday i.e. on 24th Jan'24

61% return (touched high of 1860) in 56 days !!!!!!!!!
Note
Target 3 achieved and surpassed !!!!!!!!!!!!!!!
Trade closed: target reached

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