Motilal Oswal Long1) 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%
MOTILALOFS trade ideas
MOTILAL OSWAL : Good for swingObservations 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
Motilal Oswal FinanceThe 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!
MOTILALOFS - Long CandidateI 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+
Technical View: Hold for Target of 725,770 and 880Technical 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.
MOTILALOFSUnder consolidation, Support near 590-580, bullish if gives breakout above 680-690, SL 545
MOTILALOFS - Triangle Pattern Breakout & Retest - Swing TradeThe 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 trade. Traders must trade as per their own risk taking capacity and money management
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
To understand this re-test structure more clearly, check out the analysis of AMBUJACEM linked below.
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
**MOTILALOFS** IS LOOKING STRONG TILL 724/750MOTILALOFS 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
Motilal Oswal Fin - Breakout pointI 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.
Trade #3 - MOTILALOFS - SWING TRADINGChart 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 direction estimation, entry point, stop loss and take profit levels are on the chart.
Please like, comment, and subscribe; if you find value on my analysis and/or liked my strategy.
Good Lucks.
Motilal Oswal - Moving in tight range, near 200 DMAMotilal Oswal - Moving in tight range, near 200 DMA. Wait for breakout
MOTILALOF Forming a Bearish or Bullish Inverted Microphone ?What do you guys think ?
Is it forming a Bearish or Bullish Inverted Microphone ?
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
