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2024

Motilal Oswal shares rally nearly 40% in a month. What’s next?

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Shares of Motilal Oswal Financial Services (MOFSL) have surged 36.7% over the last two weeks and 23% in the past week, reaching an all-time high of Rs 1,002.95. The stock displays a robust uptrend across all time frames, characterized by a series of higher tops and bottoms. Additionally, it has recently regained support from the 20-day and 50-day SMA and has bounced back strongly, signaling a positive trend.