MOTILALOFS
Motilal Oswal Financial - Bullish breakout in weekly chartNote: This is for educational purpose only.
There seems to be a bullish breakout post 3 years of consolidation with high volume. Before breakout, there is a build up near resistance which indicates buying pressure. There is a breakout in RSI as well. Moreover, there is a breakout from 200 SMA which adds to the confluence.
SL: ₹736
#motilalOFS BO on daily Chart.Have corrected well from last BO.
Last BO level may act as support now.
MCDOWELS has a great potential after the Break outAs we can see in the charts, the price is under consolidation for years.
One can enter when there is a Break out with a good volume.
Until then we will watch patiently and wait for the BO.
> A great trader says, the market is 10% buying, 10 % selling and 80% is watching, observing, collecting information.
MOTILALOFS LOOKING BULLISHStudy chart pattern: "Bullish flag pattern breakout" with significant volume, NBFC sector especially AMC, & Broking companies have stated outperforming in last couple of months and same is expected to continue, Stock is placed above medium to long term moving averages, indicating uptrend, Indicators and oscillators on weekly and monthly charts have turned bullish. Can be bought at cmp for 950 levels.
INVERTED HEAD & SHOLDER PATTERN 14.6.21BUY : 655 TO 738
TARGET : 930
Reason For Buying This Script :
In monthly time frame it has formed HEAD & SHOLDER PATTERN & also it has broken the neckline in monthly time frame it shows strong bullish. Now it may take some correction.
Buy at above given levels. If price comes down means Don't get panic try to average the price . Once the price closed above 930 in monthly time frame & the next target up to 1275 .
Note:
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST...
HUDCO. Risk:5% Returns:50%Hudco is forming a wonderful set-up,
It is taking solid support at Ascending TL as shown in the chart
and also it has given Triangle pattern BO which gives double confirmation to enter on the long side.
Risk is very simple 5 % below the Trend line and Returns would not be less than 50%.
Mantra:
> We will only enter a trade when there is low risk and high reward.
> We will only enter when we are 100 % confident.
MOTILALOFS: Active inverted hammer candle spotted !An inverted hammer is a BULLISH signal. It is a type of candlestick pattern found after a downtrend and is usually taken to be a trend-reversal signal. The inverted hammer looks like an upside down version of the hammer candlestick pattern, and when it appears in an uptrend is called a shooting 🌟.
VGUARD at very interesting levels , if it BO then it can be 5X.VGUARD patterns look interesting,
We have to wait patiently for the Break Out which is 251.50 level,
Once it gives a BO it can give an amazing move upside.
> Patience is the key.
> Stock market is 10% Buying 10% selling and 80% waiting which is what successful trader/investors do.
MOTILALOFS: SLEEPING GIANT AWAKENED !!!MOFS, about to give a breakout after 3 years of consolidation. Closing and sustaining above 850 can lead to a potential breakout and a massive rally. Buy at CMP, SL: 805, target: 1240+, horizon:8W
Motilal Oswal - CMP: 812 Triangle BreakoutThe stock has given Triangle Breakout with a good delivery volume on the weekly chart. RSI indicating Continuation of the uptrend. ADX indicating strength in trend. We can expect price movement up to 1160 in the near term.
Motilal Oswal : Hourly BreakoutMotilal Oswal has given a fresh hourly breakout after a decent consolidation with good volumes. The Broking sector has been doing well most brokerages have reported excellent results and growth in earnings. Price action has also been positive for many names like angle, Goegit etc.
This breakout above 750 for Motilal oswal can see it move much higher in next few months.
MotilalOFSFor Education purpose only.
Given Daily BO with good volume
Retest level 700.
Can be added till 702
Support 692.
Good R:R
Dtd 7th May21 TheCharts
Motilal Oswal weekly breakout***Trade at your own risk, only for educational purpose***
Swing Trade
1. Good Volume breakout on weekly
2. RSI inline with the breakout
Targets --> 734/8, 800, 831, 900
SL --> 600/624
Motilal oswal looking good for shoot upMotilal oswal looking good for shoot up.... Buy upto 580-600 fot targets of 740 and 800+
MOTILALOFSNSE:MOTILALOFS
Short below 610 Support 580 - 550
Buy if it takes a bounce from 610, Target 660, 730
Motilal Oswal Volume BreakoutFor Study purpose only
Motilal has a spurt in volume and can move higher after trendline breakout.
MotilalOFS Investment Pick at 500-540 levelsWait for 500 - 540 levels to accumulate NSE:MOTILALOFS and give it to your children!!!!
