Motilal Oswal is looking strong in the falling market and can be a good investment in the long term considering the promoters themselves are trying to increase the stake. Motilal Oswal is a company with Zero Promoter pledge where MFs and FIIs are increasing the stake. Net profit of the company is also increasing. Fresh entry above 895 closing will be good for long...
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.
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+
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.