Motilal Oswal Financial Services Ltd – Bullish Setup

The stock is showing strong buying interest and a positive recovery structure, with price action continuing to hold above important short-term support levels. The formation of higher highs indicates improving bullish sentiment, while sustained trading above the recent resistance zone suggests that buyers are gradually gaining control. If this momentum continues and the stock manages to sustain above the key breakout level, further upside movement may develop. 🔎 Technical View: • Strong bullish momentum is visible in the recent price action. • The stock is developing a higher-high structure, indicating improving trend strength. • Price is sustaining above the short-term resistance area, which is a positive technical sign. • Continued buying interest above the breakout zone could support further upside. • Traders should monitor volume and price stability around the resistance level for confirmation of the breakout. 🔑 Key Levels: • Support: ₹951–₹934 • Immediate Resistance: ₹989–₹1,006 • A sustained move above ₹1,006 could strengthen the bullish structure. 🚀 Potential Targets: • Target 1: ₹1,028 • Target 2: ₹1,067 • Target 3: ₹1,105+ 📉 Risk: A decisive breakdown below ₹934 could weaken the current bullish setup and may indicate increasing selling pressure. Therefore, ₹934 remains an important level to monitor from a risk-management perspective. 📈 View: The overall technical structure remains positive as long as the stock continues to hold above the key support zone. A sustained breakout above ₹1,006, preferably supported by strong participation, could trigger fresh upside momentum towards ₹1,028, ₹1,067 and potentially ₹1,105+. However, traders should wait for proper confirmation and monitor price action around the breakout level. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊