Oracle Financial Services Software ( OFSS ) is trending above 200 days EMA and 50 days EMA . 50 days EMA has crossed 200 days EMA from below.
Stock is having strong support near 200 days EMA and a resistance around Rs . 3427. If breaks the resistance with volume , it can reach to levels mention in the chart.
NSE:OFSS Long setup at 2980.30 with SL at 2968.45 and TP 3003.90
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
Weekly MACD cut and daily MACD Crossover will helps to break the triangle. In mid term view it may reach the new higher levels.
3780, 3807, 3920, 3994
4084, 4110, 4206, 4243
4286, 4365,, 4392, 4619