Motilal Oswal is becoming a long term investment idea. 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 term investment. Targets will be 958 and 1014. Stop loss should be maintained at closing below 800.
Motilal
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+