Motilal 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
The stock is currently at 50% retracement levels from its all-time high of 1594. A breakout from these levels will take the price to its first target of 1200 ( 52week high of Nov '21). Above this target level, we can expect the price to continue its uptrend to its 2nd target of around 1600, which is also its all-time high.
next week anand rathi may trigger this stock and chances of moving up are very high ,,however based on eps growth the value of the stock is forced to move so by next two quater results we can expect 1500++
so for short term also in next week can make a big move
for more info can refer my old idea on motilal oswal which i previously published long time ago or you...
buy above 1000 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If...
Motilal Oswal was +ve in a market where there was correction all round. Forming ABCD harmonic triangle pattern and also RS is +ve. If market conditions improve in the coming days, this could give returns of upto 40-50%.(Targets might look high but are achievable with 12 month horizon.)
Please trade with Strict SL here of Rs. 850 on DCB.
In MOTILAL OSWAL FINANCIAL SERVICES (MOTILALOFS) a strong weekly closing above the resistance zone can be seen . after a long consolidation stock has come to point where it can show a good bull run or upside movement. Can be a good positional/short term pick with good risk reward ratio for the given target in chart. Go long with the strict stop-loss of 915 level...
Motilal ostwal is making a rounding pattern , expecting some good move
TGT - 1050 & 1180
SL - 900
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This...
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.
NSE: 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.
