WE CAN CLEARLY SEE THAT IT IS RESPECTING CHANNEL AND IT HAS MADE DOJI CANDLE AND TRYING TO CLOSE BELOW UPPER CHANNEL LINE ONCE BLUE LINE IS TAKEN OUT N CLOSING BASIS IT MUST FALL TO LOWER CHANNEL LINE GOOD LUCK
TRADE AT YOUR OWN RISK
Another stock that showed up in weekend scan.
I'll be keen if price sustains above 220-225 zones. Can be an interesting play there.
A long here with SL below last week's low can be considered. Will review during the week.
Oberoi realty has quite a brand name in Mumbai and its projects always attract a premium. After a great annual result with over 50% sales increase the price zoomed 17% in one day. The stock continued to show strength with steady increase reaching 360 levels. That is a annualized 70% return. However post demonetization saw a strong correction retracing to 260...