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 is looking good with breakout of falling trendline. Recently company has declared excellent results. Keep on radar. Double bottom confirmation will be above 877 closing.
Weekly chart of Oberoi Reality reaching near resistance of 1050 which was made in Nov'21. There can be 2 scenarios 1) Wait for pullback (if Nifty corrects) to 994-1000 zone which will give best R:R, 2) if close above 1050 then can enter for targets 1) 1142 2) 1189. SL any day closing below 964
Oberoi realty is trading in a rising wedge pattern on daily time frame. If it gives closing above resistance of 966-970 with good volumes, it may rise to 1080 in few day . First we have to wait for break out. Keep an eye on the stock.
Real Estate
Real Estate
Midcap
With a market cap of ₹32,929 cr, stock is ranked 159
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer : I am not a SEBI...
Always follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
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Happy trading
NSE:OBEROIRLTY
The Stock had given the breakout from the channel pattern and now the price is retesting the trendline. The risk takers can take a bet and enter on current levels. Those who are conservatives can wait and see the candle patterns and price behaviour to enter. The SL and Target are given on the chart. The view is for upto 6 months.
Disclaimer :-...
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...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned...
Buy above 1070
Short term target of 1300
SL 999
Intraday : Trail SL on 5 min candle for max returns
Disclamer: Contact your financial advisor before taking any trades.
Ideas posted is for educational purpose.
Stock Name - Oberoi Realty Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1068
#This is not Buy and Sell recommendation to any one. This is for...
