Motilal Oswal Financial Services - Buy above 860 Closing

2 Oca 2020

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

21 Oca 2020

Emir iptal

Stock executed on 10th and made high 905 on 11th Jan-20. As indicated above, stock in sideways
If 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