Motilal Oswal Financial Services (Daily Chart) – Technical Analysis

$MOTILALOFS This chart is very similar to the breakout structures you've been screening recently. Pattern Identification ✅ Large Cup Formation Left rim: ~₹905 Bottom: ~₹620 Right side recovery: ₹900 area Price has retraced from resistance and is now sitting near support. The structure remains valid as long as the stock holds above the rising support zone. Current Situation Price: ₹834 Key levels: Major resistance: ₹900–905 Immediate support: ₹810–820 (rising moving average zone shown in chart) Strong support: ₹780 The stock has not yet broken out. Unlike Krishna Defence or Aegis Logistics, this is still in the handle/consolidation phase.