Motilal Oswal Financial Services - Buy above 860 Closing
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 close day >860
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 close day >860
Order cancelled
Stock executed on 10th and made high 905 on 11th Jan-20. As indicated above, stock in sidewaysIf holding position then revised SL will be 840 due to short term graph showing weakness.
We can take position at 710 ~ 725 after consolidation based on long term graphs
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.