OBEROI REALITY LTD --HOURLY CHART -- INTRADAY SETUP --01/03/2023
1. on hourly chart setup , double bottom formation seen at 825 sub level .
2. upper channel seen as trend reversal after correction from 900 sub level
3. stock near lower level support at upper channel .
4 on daily chart CCI, ema crossover seen at last daily candle
5 above 21,44,60 HMA on...
OBEROI REALITY LTD- HOURLY CHART -- INTRADY SETUP - 23/09/2022
1. stock seen trendline support at current level on hourly chart
2. upper channel lower level double bottom support seen which indicate pullback from this level and stock ready to move upside on next trading sesion
3. stock has retest previous resistance breakout level
4. trix line shows...
Reality sector is shooting up, Int rates are super low, people are getting married at an alarming rate, these catalysts can work in its favor. Plus there is news that they might have a deal with Embassy office parks
Do your own due diligence first, these are just my views
DLF is at a strong resistance level @ 399 and also Fibonacci 0.5 level of 395 from high(428) to low , with an immediate target of 422|440 and with a SL of 390( sell, if it closes below 390 @ time 15:20-15:30 on that particular day).
As we can see here its forming S ymmetrical Triangle which high probability of Bullish Breakout .....
Second Reason i choose this stock becuse of how the false breakdown happend and after that sharpe recovry... and took Support FROM 50 EMA
Now if it break the trendline and sustain above its resistance then we will initiate BUY
Buy Above - 1700 (Closing...
As we can see from the monthly chart of #BSERealty, it is creating a cup pattern and is projected to break a 10-year breakout by periodically breaking each level. All levels are resistant until they are broken, at which point they become support. Below are the levels
Level 1: 2861.17 (Done & Current Support)
Level 2: 3647.10 (Current Target and Resistance)
expecting a good upmovement in the stock.
keep sl below 46
Why was it selected❓
🔹Company has reduced debt.
🔹Technically looks good.
🔹dont know about funda.
👉Entry possible,but it’s not a buy recommendation.Study well🙏
ABOUT THE COMPANY🍂
NBCC (India) is a operates into three major segments namely Project Management...
After a constant bullish movement, smart money has been digested into this stock.
The resistance is now acting as support and will be a good bet for 1-2 months horizon.
Short term target of 525 and long term target of 580-600 with a quick Stoploss of recent low of 465.
ALERT Significant Increased holding by Mohnish Pabrai Investments.
Double bottom formed in reality sector.
W pattern or double bottom formed exactly near 0.5% retracement level
Same bottom formed in 2 times..
Very bullish sign. we can go long with same keeping same low as stop loss i.e 251.
Risk reward ratio is awesome here