Buy Motilal Oswal, target Rs 320: Kunal Saraogi

Kunal Saraogi, CEO at Equityrush.com is positive on Motilal Oswal. The stock has advised investors to buy the stock with a target of Rs 320 and maintain a stop loss at Rs 311 in intraday trade. The stock has hit a high of Rs 317.65 and low of Rs 316 so far in trade. The stock has risen above its 200-day moving average of Rs 304.70 after breaching multiple moving averages in Rs 286-292 range.