Descending Triangle BreakoutOberoi Reality is forming a Descending Triangle Pattern and can be a good Swing Trade for two reasons:
1. Descending Triangle Pattern gives a Good Breakout Movement.
2. The QOQ result of the stock has been very good with an increase of Profit in the Medium Term.
3. The stock has formed higher low in Price as Well as RSI.
I've set the targets at 38.2 and 50 levels of the fibonacci.
Positivetrend
KOLTE PATIL - A GOOD BET FOR SHORT TERMKOLTE PATIL - Seems bullish technically, trend line break out seen with big bullish candle with a huge volume, underwent small correction and rising back again towards the target.
Also, Q1 results to be announced on Aug 11. Positive shift on real estate sector & Pune residential Q1 sales look stable .
Target expected - 284 lvl (13% up) in 1-2 months time frame..!
Please do your own analysis before investing..!



