OBEROI REALTY LTD
Long

OBEROIRLTY Trading Above Weekly Demand Zone

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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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