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supremechart
Jun 13, 2021 3:38 AM

Oberoi Realty Ltd / Perfect Head and Shoulder  Long

OBEROI REALTY LTDNSE

Description

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
cmathewgeorge70
its better to hold right?
supremechart
@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.
cmathewgeorge70
@manmohansolanki, yeh bro sure, am not at all panic. i just want to make sure about my view on holding, that's all
NandhaSaravanan
Sir, What ABOUT this Stock? Can we Exit from this?
supremechart
@NandhaSaravanan, Let us see, how it closes today. It is at retest perfect time to buy.
singhanupamlko
Has stock retested its breakout levels?
supremechart
@singhanupamlko, no, not yet, 600 level will act as support
Sarthik
@manmohansolanki, would you please share the logic behind target levels
supremechart
@Sarthik, the first one is the distance from the head 2nd one is % distance
Mac7778
How much time it can take to reach the proposed target
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