OBEROI RELTY LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Broadening Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1489+.
✅Can Go Long in this Stock by placing a stop loss below 1371-.
About NSE:OBEROIRLTY
Oberoi Realty Ltd, a prominent real estate development company in India, has demonstrated a high level of management quality and has established a significant economic moat in its sector.
Management Quality:
Strategic Growth and Diversification: Oberoi Realty has strategically focused on developing a diverse range of real estate...
When the supply pressure absorbs in coming time it will make new life highs.
bullish price action, holding the lower levels firmly.
sellers seems panicking, soon the pressure will absorb by the buyers. and we ll just ride the trend.
All the best.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart...
NSE:OBEROIRLTY
LIFE TIME BO!!!
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for...
Key Levels
Support: 1075
Resistance: 1300
Learning:
An arc breakout in a stock:
1. **Lucrative Trading Opportunity**: An arc breakout signifies a potential entry point for traders to capture a bullish price movement, presenting a promising opportunity for profits.
2. **Timing the Market**: Recognizing an arc breakout can give traders a chance to enter the...
Realty Sector outperforming the benchmark index
OBEROI REALTY forming new all time highs
Supertrend positive and it broke Pivot R1 and previous swing high around 1200 level. It also tried to break Pivot R2 level as well but could not manage to do it.
I am expecting the stock to give some retracement near 1200 level before the bullish journey resumes again
Oberoi Realty Ltd. is currently exhibiting remarkable strength across various technical and fundamental indicators, making it an enticing prospect for investors. In terms of technical analysis, the stock shows a "Strong Bullish" sentiment in several areas.
The PriceVol indicator reflects "Strong Bullish" sentiment, with rising prices accompanied by increasing...
The Cup and Handle pattern is a bullish reversal pattern that forms when the price opens and closes near the high of the day, but with a long lower wick. The lower wick indicates that the sellers were able to briefly push the price lower, but the buyers were able to take control and drive the price back up.
The Cup and Handle pattern is similar to the Hammer...
OBEROI REALTY LTD
Key highlights: 💡⚡
✅On1hr Time Frame Stock Showing Breakdown of Triangle Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1010-.
✅Can Go short in this stock by placing a stop loss above 1110+
BULLISH BREAKOUT AND RETEST
See the price action.
Price broke out of the September 2022 all time high, went above and today retested the broken resistance as new support.
Although, today's candle is red but it is a bullish candle.
Colour of candle does not matter as much as the psychology behind that candle matters.
So, I am bullish on the stock.
Entry can be...
