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.
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Target 1 achieved on 9th Jan'24
Trade active
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Target 2 approaching
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Target 2 achieved yesterday i.e. on 24th Jan'24
61% return (touched high of 1860) in 56 days !!!!!!!!!