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kalyanganguly

Motilal Oswal Financial - Bullish breakout in weekly chart

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MOTILAL OSWAL FINA (NSE:MOTILALOFS)  
kalyanganguly  
NSE:MOTILALOFS   MOTILAL OSWAL FINA
Trend Analysis Chart Patterns Technical Indicators MOTILALOFS motilal
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trendanalysis chartpattern indicator motilalofs motilal
Note: This is for educational purpose only.

There seems to be a bullish breakout post 3 years of consolidation with high volume. Before breakout, there is a build up near resistance which indicates buying pressure. There is a breakout in RSI as well. Moreover, there is a breakout from 200 SMA which adds to the confluence.

SL: ₹736
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