manmohansolanki

Oberoi Realty Ltd / Perfect Head and Shoulder

Long
NSE:OBEROIRLTY   OBEROI REALTY LTD
After a good consolidation. The stock has given a fresh breakout.
Good volume activity at the breakout level. RSI too gave breakout
Everything looks good to go. Ready to outperform.
600 level will act as support.

SL *560 *510
Target *890 *1190

Manage your Risk

You never know what kind of setup market will present to you, your objective should be to find an opportunity where risk-reward ratio is best.” – Jaymin Shah

Comments

its better to hold right?
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manmohansolanki cmathewgeorge70
@cmathewgeorge70, be patient brother its at retest let it show strength if you are not comfortable holding it, exit if close below the previous week close. This is just testing patience.
Reply
cmathewgeorge70 manmohansolanki
@manmohansolanki, yeh bro sure, am not at all panic. i just want to make sure about my view on holding, that's all
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Sir, What ABOUT this Stock? Can we Exit from this?
Reply
manmohansolanki NandhaSaravanan
@NandhaSaravanan, Let us see, how it closes today. It is at retest perfect time to buy.
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Has stock retested its breakout levels?
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manmohansolanki singhanupamlko
@singhanupamlko, no, not yet, 600 level will act as support
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@manmohansolanki, would you please share the logic behind target levels
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@Sarthik, the first one is the distance from the head 2nd one is % distance
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How much time it can take to reach the proposed target
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