A good buying opportunity seen in Motilala Fin .Because it gave breakout on ascending triangle pattern.For more this type of calls join with me in my charting analysis.
MOTILALOFS broken resistance of ~897 with good volume. RS is positive above 0. Sector also turning bullish. This can give good upside move of 25-30%.
Swing opportunity in Motilal Oswal A complete analysis (Only for educational purposes, not a trading advice, as I am not a SEBI registered analyst.)
Looking bullish. Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose
Head and soldier pattern.. Breakout coming soon..target almost 1200
MOTILALOFS - (On-Watch) --------------------------------- Option 1 -- BULLISH if, Triangle pattern breaks out and then, a close above 835 and 860 is seen.. Option 2 -- BEARISH if, Triangle pattern breaks down and then, a close below 755 and 725 is seen. Technicals: --------------- - Long term UP trend is intact (Green Line). - Symmetrical triangle for >1...
MOTILAL OSWAL 15MIN is good to buy now. Its down almost 30% in 1 month and now taken support from the recent times strong support in a 60MIN. Can buy for short to medium term also.
Buying level stock Previous high is now acting as a support Do your own analysis before investing Price action trading
Stock Analysis: Motilalofs has broken the raising channel it is good buy around marked demand areas for the target given on the chart. let's see Happy Investing!
strong support at 75-0770 zone. taken support in zone multiple times . also at 200 ema level.
Looks like motilal ofs is trying to create a round bottom. This is only for my study purpose. Study well before you invest your hard earned money
Actually after BO from expanding channel it has formed a TRIANGLE PATTERN, had a gap up opening and BO from the triangle today...898, 946, both targets possible since Motilal is trading with good volumes - the best volumes in past one year...this is just an idea. Do your own research and trade.
REACHED FIBONACCI RETRACEMENT 100%
1) Crossed all time high of 860 2) Volumes are mind blowing 3) RSI above 60 indicating good strength 4) Fundamentals are strong 5) Looking for 940 which is approximately 10%
Observations on the chart Trade plan - buying zone : 807 to 860 weak below 690 zone looking for 940+, 1190+ tentative trade duration : 1 month to 6 months
The Stock is recovering from Corona fall and now looks on the verge of breaking a old resistance level. If the breakout happens and sustains above resistance level, We might see a very good upward rally. Looking Forward!
I am already holding this from 720 levels. But current charts on Daily and Weekly Time frame is looking interesting again, I am looking to add more qty once we close above the BLUE trendline. Basically one can go long above 810 levels with an SL of 695 on weekly closing basis The upside is open sky, immediate targets can be 850/940/1100/1250+