🚀 Motilal Oswal: Pre-Breakout Setup with Strong Institutional Structure

Motilal Oswal is staging a powerful comeback, now approaching a multi-year resistance zone near ₹1,006. This isn’t just a bounce—this is a strong base-building followed by momentum lift-off. 📊 Technical Highlights The stock is in a higher-low, higher-high structure, rebounding sharply from the ₹600 levels. Currently trading at ₹870+, it has already gained over 40% in just a few weeks, showing clear institutional interest. The next critical level is ₹1,006, which has acted as a multiple-top resistance since mid-2024. A weekly close above this could start a fresh trend toward ₹1,250+. 🟢 200-Week AVWAP Acting as a Springboard Anchored VWAP from the base formation (around ₹600) has held well and acted as dynamic support. Price is now well above this zone, showing sustained bullish momentum and investor confidence. 💹 Fundamental Backbone Motilal Oswal has a diversified financial services portfolio with earnings consistently improving in the last few quarters. ROE and ROCE are picking up after a lull, and the business is benefiting from increased retail and HNI participation in markets. Asset management and broking arms are showing strong AUM growth. ✅ Conclusion Motilal Oswal is one of those rare cases where technicals and fundamentals are aligned, and the price is just one candle away from a confirmed breakout. A retest of ₹1,000 followed by strength could offer positional investors a high-reward opportunity with low risk.