Bullish on MOTILAL OSWAL for Long Term

Nov 29, 2023

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.

Jan 12

Note

Target 1 achieved on 9th Jan'24

Jan 12

Trade active

Target 2 approaching

Jan 25

Note

Target 2 achieved yesterday i.e. on 24th Jan'24

61% return (touched high of 1860) in 56 days !!!!!!!!!

Apr 21

Note

Target 3 achieved and surpassed !!!!!!!!!!!!!!!

Apr 21

Trade closed: target reached