Oracle 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
NSE:OFSS is nearing triangle breakout
Entry : Conservative traders, wait for breakout with volume above average and then take position. For small SL, enter on strong close above 3180
Exit : When the setup is invalidated by false breakout, or strong close below the triangle's support line
Target : 4200, giving around 32% returns from current price of 3147.70....
OFSS is looking good to Buy at the current level and is expected to reach marked levels on the chart in upcoming sessions.
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Happy Trading!
InvestPro India Team
