Foram_Chheda_CMT

Buy OBEROIRLTY with short term target of 620

Long
NSE:OBEROIRLTY   OBEROI REALTY LTD
NSE:OBEROIRLTY

Multiple signals have emerged which point towards upward revision of price in this stock over coming days. While Daily MACD stays in continuing buy mode, Weekly MACD has reported a positive crossover. It is now bullish while trading above its signal line. RSI stands neutral and is seen breaking out of a pattern formation. On the Weekly Charts, the prices have closed a notch outside the upper Bollinger band . Apart from a minor pullback inside the band, a breakout on the upside is very much likely. On-Balance Volume – OBV has marked a fresh high on both Daily and Weekly Chart.
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