OBEROIRLTY
Oberoi, realty sector bet#oberoi
#oberoirlty
Posted impressive unit selling numbers.
One of my major bet in realty sector.
Technically, did breakout with ATH volume spike. And retested breakout with falling volumes.
RSI above 55.
800-850 was proper range to add, but seems like missed it.
Will start adding on dips for long term now.
#vr
Breakout in Oberoi Realty...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 before taking any trade.
Target 1 (37%) achieved in Oberoi Realty. Target 2 is ON...This is follow-up on Oberoi Realty. Can check link to related ideas.
Target 1 achieved. More than 37%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
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 before taking any trade.
NIFTY REALTY - The Next Game Changer ?Very bullish on many Realty stocks since the index has completed a breakout and retest of resistance on a 12 year Box.
Also, from a pattern perspective, I see an Inverted Head and Shoulder Pattern which again is one of my favorites.
This space is a long term play and to get good returns, Patience will be the key.
The charts here are on Weekly Time frame which means the holding period should be not less than 3 months.
Hold it for over a year !
Some individual personal favorite picks from the sector are here below.
Red line - Stop loss (or as per your risk appetite)
Green Lines - Targets
Blue Line- Entry above Closing.
Prestige Estates -
Puravankara -
Godrej Properties -
Oberoi Realty -
Sobha -
Brigade Enterprise -
Mahindra Lifespace -
Phoenix Mills -
Oberoi Reality Strong Techno - Funda PickHello 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 real estate sector excellent performer and it's revenue is rising is a good sign. Company Reserves are rising and company EPS is stable to rising , promoter holding is 67.70%. FII and DII holding at about 29% so hardly few quantum of shares are available with the retail investors.
This is a great techno-funda pick for the next one year which can fetch excellent returns.
For Educational Purpose Only.
If you like this post do like, share and comment what you feel about the company.
Symmetrical Triangle formation in Oberoi Realty stockThe stock of Oberoi Realty is forming a symmetrical triangle kind of price pattern, the breakout level is 569-570 and can reach the target of 660-680 with the stop loss of 524.9. the stock is in an uptrend and also supported by the recent development in the sector.
Stock Analysis of Oberoi RealtyPrice - 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, then it can give a huge breakout.
OBEROIRLTY buy at 379I 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