OFSS -Inverted Head and shoulder— Near Breakout -Daily
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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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.