Motilal Oswal - Long term Breakout
Motilal Oswal has given a massive breakout of year 2017 on daily chart. This stock has given almost 80% return in year 2023 and around 30% return in last one month.
This breakout is all time high for this stock and entered in blue sky zone where there is no resistance upside. Generally stocks gives huge returns after all time high breakout. The possible targets from here can be found using Fibonacci retrenchment.
Disclaimer: Stock shared for educational purpose and not a buy or sell recommendations
This breakout is all time high for this stock and entered in blue sky zone where there is no resistance upside. Generally stocks gives huge returns after all time high breakout. The possible targets from here can be found using Fibonacci retrenchment.
Disclaimer: Stock shared for educational purpose and not a buy or sell recommendations
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