Motilal Oswal Financial Services Ltd. Breakout above 1025Motilal Oswal Financial Services Ltd. Breakout above 1025 closing basis. CMP 1000.
Motilaloswal
MotilalOFS Bullish Flag Breakout - Potential for Further Upside MotilalOFS appears to be forming a bullish flag pattern on the chart, indicating a potential continuation of its upward momentum. The stock has shown strength by maintaining levels above 2120, suggesting bullish sentiment in the market.
Key Points:
Bullish Flag Formation: MotilalOFS is displaying a classic bullish flag pattern, characterized by a sharp upward move (flagpole) followed by a consolidation phase (flag) in the form of a downward sloping channel.
Sustaining Above 2120: The stock has managed to sustain levels above 2120, which acts as a critical support-turned-resistance level. This indicates strong buying interest and a potential shift in sentiment towards the bullish side.
Potential Breakout: A sustained move above the upper boundary of the flag pattern, accompanied by increasing volume, could trigger a breakout, signaling the resumption of the prior uptrend.
Target Levels: If the breakout occurs, the next resistance levels to watch for are at . Traders may consider setting their profit targets accordingly.
Risk Management: As with any trading setup, it's essential to implement proper risk management techniques. Consider placing stop-loss orders below key support levels to protect against adverse price movements.
Confirmation: Traders should wait for confirmation of the breakout before initiating any trades. This could include a strong close above the flag pattern or a surge in volume confirming the upward momentum.
Disclaimer: This is not financial advice. Trading involves risk, and individuals should conduct their own research or consult with a financial advisor before making any investment decisions.
Keep an eye on MotilalOFS as it approaches the potential breakout point, as it may present an opportunity for traders to capitalize on the anticipated bullish move.
Motilal Oswal Long SetupMotilal Swing long setup
: Motilal again has a huge imbalance
: Motilal can chase the full imbalance
: Small base
: sl should 2% or 1124 do not exceed that
: liquidity grabs below this level can take place doesn't mean we will make o
Stocks at low level and broke a resistanceThe stock is trading at lower level. Recently broke a resistance. Volume is good and the price is near the 200 MA. So high probability of going up.
Motilal Oswal Going in Buy ZoneMotilal Oswal Buy Triggered At Mention level
Good and healthy correction going to complete very soon
Trail Your SL After 5% Price up or Big Green Candle
BUY IDEA Logic for bullish view:-
1.Cup and handle Fomartion
2. RSI above 60 on W & D time frame.
3. Some logic are confidential
Take the position at your own risk.
MOTILAL OSWAL Diamond Pattern Breakout
RSI in a parallel channel.
On Song to marching towards All Time High.
motilalofsNSE: MOTILALOFS 924
-Again And Again And Again Testing Resistance
-Stock in Cup and Handle Pattern
-Missing Volume is an Issue for the strength of Pattern
-Have To Close Above 950 To Break
-Support is near 850 level.
Motilal Oswal - looking good for medium termWeekly charts suggest bullish consolidation after a steep fall. Levels of 870 have been held and stock has consolidated in a narrow zone. It should be bought at these levels with stop of 850. Medium term target will be close to 1200.
Motilal Oswal Fin Srv. trying to resume it's bull rally!Motilal Oswal is a Mid size brokerage firm, which also provides services like Wealth Management. The company has a Mcap of INR 12K Crore.
The stock price is trading at a PE ratio of 10.26 with historical PE of 25 and sectorial PE of 27.6.
The stock trades at moderate volumes usually. Unprecedented volume rise can be seen between 4 May - 6 Aug 2021 with rising in price significantly.
The stock also corrected to the levels of 760-770 during broader Mid and Small-cap stock sell-off. Trading above 850 with rising volumes is a good signal for bulls.
With a golden cross on MACD, RSI is also suggesting strong momentum.
