OFSS -Inverted Head and shoulder— Near Breakout -Daily
Updated
OFSS -Inverted Head and shoulder—Daily
It also forming flag and pole pattern.
Name - OFSS
Pattern - Inverted head and Shoulder
Timeframe - Daily
Status - Near breakout
Cmp - 10988
Target - 13074 - need to close above 11330
SL - 10700
Pattern
The Inverted Head and Shoulders pattern is a bullish reversal pattern
Fundamentals
Oracle Financial Services Software Limited (OFSS) is a prominent player in the financial technology sector. Here are some key fundamentals of the company:
Market Capitalization: Approximately ₹93,085 crore
Share Price: ₹10,9887 on NSE
Price to Earnings (P/E) Ratio: 39.86
Revenue: ₹6,652 crore for the fiscal year ending March 2024
Net Profit: ₹2,335 crore for the same period
Dividend Yield: 2.24%
Return on Equity (ROE): 32.53%
These metrics indicate a strong financial position and consistent performance.
Trade active
Gave breakout. SL -11331
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