Hello Everyone,
Let's have a look at the technical chart of Oberoi Reality, on weekly chart you can see strong breakout above the resistance of 612 and now it 's in the uncharted territory. From Technical Chart we can derive a target of 1042 in next 6-9 months time frame.
Company is having decent Market Cap of ₹ 24,116 Cr & it is almost a debt free company, in the...
GOOD BREAKOUT OF AN IMPORTANT RESISTANCE ONE. MIGHT RESTEST A LITTLE. BUT LOOKS GOOD FOR A POSITIONAL TRADE. THE BEST BUYING RANGE WILL BE AROUND 645 LEVELS. Short term target 710.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Target is on once price closes above purple trend line and white trend line will act as support.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor...
Price - 570.20 Dt. - 21-02-2021
The stock started moving in an up direction after hitting a month low of 520. After moving up for 5 days the stocks started consolidating making a flag pole pattern. From the last 2 sessions, the sellers are trying but not able to give close below the support line. If stock gives a close above the resistance line placed at 596.45,...
I WILL LOOK AT BUYING OPPORTUNITIES AT OBEROIRLTY because :
It is forming a kind of expanding pattern .
It has been taking the support of the lower trend line .
Now the price is again at its support level so will be looking at buying opportunities.
Entry : 379
Target : 443
Stop loss : 368
The stock has given a Textbook breakout with supporting volumes, after a good 1-month consolidation. Aggressive Traders can enter immediately & add on dips. Conservative Traders should look to add on a dip around 390-400. SL should be kept as 370 on the EOD closing basis. Positionally, traders can target for 430-440.
Almost all the sectors have recovered post march downfall but nifty realty yet to recover.
This sector started reacting from a very strong buying zone, some of the stockes like Prestige, Sobha, DLF started showing upmove. keep an eye on realty stocks for good returns in coming days.
Below are the realty stocks with their weightage-
DLF 26.50
Godrej Properties Ltd....
