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Umang Bhutada

21st May Β· SEBI-Registered Analyst

Motilal Oswal Financial Services – 1D $MOTILALOFS Trend: Strong recovery after prolonged downtrend Key Levels: Resistance – 900 / 1067 Support – 822 / 683 / 615 Price Action: Stock has shown a sharp rebound from lower levels and successfully reclaimed the important 822 support zone. Currently consolidating near higher levels after a strong impulsive move, indicating accumulation. Price is making higher highs and higher lows, which reflects improving bullish momentum. Expected Move: Sustaining above 822 can lead to a move towards 900 levels. Breakout above 900 may trigger fresh momentum towards higher zones. Any weakness below 822 could result in profit-booking towards 780–750 area. Business: Motilal Oswal Financial Services operates in broking, wealth management, asset management, housing finance, and investment banking. The company benefits from rising retail participation and strong activity in capital markets. Verdict: Bullish structure with healthy consolidation near resistance zone πŸ“² Join for daily charts & insights: ***** Disclaimer: I am a SEBI Registered Research Analyst. This content is purely for educational and informational purposes only. It does not constitute investment advice or recommendations. Please consult your financial advisor before making any investment decisions.

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