Trendline breakout in Motilal Oswal after consolidation
Technical View: Breakout on Weekly Chart with Increasing Volume, Hold Motilal Oswal Finance for Target of 725, 770, and 880 respectively. Current Price: 657.50 Keep Stop Loss: 572 Disclaimer: Not a buying/selling recommendation. Please consult your financial advisor before any investment in equity.
Under consolidation, Support near 590-580, bullish if gives breakout above 680-690, SL 545
The above analysis is done purely based on price action and chart patterns. The analysis is done on monthly charts, hence it may take the price few weeks to few months to reach the target. Logic as well as the trade setup is shown in image itself. The above analysis is purely for educational purpose. Traders must do their own study before entering into any...
Motilal has given Triangle breakout on monthly tf,waiting for retest
MOTILALOFS is looking strong for upside till 724/750, anyone can initiate buy position near 650-640 with the low risk stop loss 618 but safe STOP LOSS is 591. NSE:MOTILALOFS
I think Motilal OFS should give a decent breakout, check its trend line breakout in 1D also volume is supporting it, pretty good time for intraday and swing trade.
A Profit & Solutions Strategy Sun Storm Investment
Chart name : MOTILALOFS Risk:Reward : 2.4 Trading Style : Swing Trading for 1-4 weeks DISCLAIMER: As a trader, you should consider your own risk: reward ratio and do proper lot sizing according to your margin and leverage level. This analysis is a trading idea, not a trading signal for you. Consult your financial advisor before making any trade. My own trend...
Motilal Oswal - Moving in tight range, near 200 DMA. Wait for breakout
What do you guys think ? Is it forming a Bearish or Bullish Inverted Microphone ?
Hi Friends, As per chart pattern, Buy possible above 860 on closing basis only (Daily candle) with SL 745 and Target 950, 980/985 (Targets possible after resistance break out 860 only). if stock unable to sustain above 860 then sideways possible Posting for Educational purpose only Closing Basis means: Stock should be trade above 860 from 3.15~3.30 pm as well as...