Oberoi Reality is forming a Descending Triangle Pattern and can be a good Swing Trade for two reasons:
1. Descending Triangle Pattern gives a Good Breakout Movement.
2. The QOQ result of the stock has been very good with an increase of Profit in the Medium Term.
3. The stock has formed higher low in Price as Well as RSI.
I've set the targets at 38.2 and 50 levels of the fibonacci.
1. Descending Triangle Pattern gives a Good Breakout Movement.
2. The QOQ result of the stock has been very good with an increase of Profit in the Medium Term.
3. The stock has formed higher low in Price as Well as RSI.
I've set the targets at 38.2 and 50 levels of the fibonacci.
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Related publications
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.