Bullish Momentum with RSI and Bollinger BreakoutMOTILALOFS (6.16%)
Bullish Trend and Breakout
MOTILALOFS is showing strong bullish momentum, with a Bullish Marubozu candlestick signaling the continuation of upward momentum. The RSI Breakout and Bollinger Band Breakout both point to an increase in buying pressure. The volume has seen a notable uptick, confirming the strength of the bullish move.
Resistance Levels: 787-805-834
Support Levels: 740-711-693
Entry: @/above 775.95
Stop Loss: @/below 653.65
Volume Analysis: Volume has been significantly higher than average, with a noticeable volume of 8.29M on 23rd April. This suggests that institutional or large players might be entering the stock.
