OBEROIRLTY is currently trading at ₹1570, which is above its weekly demand zone range of ₹1546.35 (baseHigh) to ₹1444.4 (baseLow), identified on 17th May 2024. Since the price has moved beyond the demand zone, it suggests that buyers have taken control, potentially signaling strength in the stock. A retest of this zone could confirm support before further upward movement, while a break below ₹1444.4 may indicate weakness.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
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Join my Telegram channel, The Zone Edge, for tools that help you identify demand zones effortlessly—no need to spend hours analyzing charts.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.