OFSS
Oracle Financial Services Software Ltd - 02.09.2022Oracle Financial Services Software Ltd - 02.09.2022
The stock is trading @ 3147 levels
The PRICES ARE BELOW EMA
There is a BULLISH HARAMI in Daily Chart
There is a SPINNING TOP in Daily Chart
STOCHASTIC is Oversold in Daily Chart
The Fibonacci Retracement 61.8% is 3172
Let the prices go above 3175
Watch out for the price action
Breakdown in Oracle Financial Services Software...Chart is self explanatory. Entry, Targets and 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.
OFSS - Fundamentally strong / Falling wedge Breakout on cardsStudy
- Fundamentally the stock looks good for long term (1 year target - 5900)
- Fair Value - 4000
- Debt Free Company with div yield of 6%
Risk Free Possible Trades
- Current price is in entry zone
- Enter at the LTP and look for target 1 - 3733
- On weekly closing if stock is above 3601 enter again and look for Target 2 and more
- Add it to your watch-list as it Can give multiple entry zone in coming months(Stay tuned - Will be updated)
OFSS AnalysisThis stock tests the patience of investors too much, Decent Earnings results keep this stock from falling down.
Today is a good day for its investors, gave a good breakout, showing more growth potential with its good, MACD.
If it stays above 4950 for some more time, can expect a good upward momentum and good rally or should wait again until it breaks the consolidation. Long term investors too didn't see any good returns since 2018.
for me this stock is interesting, ill see this moment of this one from now.
OFSS - LONG TERM SIP+ Dividend playPeople Invest in ITC and other PSU for dividend and whatever dream of growth they see in those stocks !!
Here is OFSS.. U cant get better fundamentals than this Stock..
According to me , this is the cheapest IT stock available in the market and a safe bet !!!
DIVIDEND YEILD - 5.5% at CMP !!! what else do u want ? rather than making a mutual fund SIP or doing FD , buy this stock..
SL and Upper levels visible in charts !!
one can SIP too
Oracle financial service Limited: Cup and Handleon DTF the company is forming a cup and handle pattern and taking resistance from 3600 levels.
This level has been tested multiple times now. So any close above this 3600 level can move the stock to further 4k levels.
On a weekly timeframe, this shows an inverted H&S pattern, which is a bullish pattern.
DISC: For educational purposes only.
OFSSNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
OFSS 1HRNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading






















