OBEROIRLTY trade ideas
OBEROI REALITYENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
OBEROIRLTY Soon to see a DOWN MOVE ???!!!Chart pattern insist me to go with the opinion titled above
Reasons
1. Oberoi realty has been respecting the channel pattern.
2. Now, it has given BREAKDOWN on Weekly timeframe out of 2.5 year old Trendline support!! (Channel too breached)
3. Volume too seen supportive for the down move.
4. Day candle closing out of the blue trendline will make our exit (STOPLOSS)
5. Target and SL mentioned in the chart.
12% down move awaits as per levels...Let's wait and watch how it moves!!!!
NOTE : Just sharing my view....not a tip nor advice!!!!
OBEROIRLTY BEARISH OBEROIRLTY is in bearish trend now
its a make a pattern
And try twice to braout this trend but it failed twice
now it is in bearish trend after a fake breakout
keep an eye on this after a strong consolidation and with a fake breakout
THEY are trying to active a more seller
keep an eye
just a view
we are not responsible for any p/l
consult your advisor first before any trade
“Falling channel” Breakout patternOBEROIRLTY on the weekly chart has decisively broken out above the “Falling channel” at 880 with strong bullish candle
Stock is well placed above 20, 50, 100 Stock is well placed above 20, 50, 100 and 200 daily SMA indicating positive momentum..
Stock also broken out above “Double Bottom” pattern on daily chart indicating a positive bias.
The weekly strength indicator RSI is holding above its reference line indicates positive momentum.
The above analysis indicates an upside of 970- 990 levels.
Buy Range: 888-872 Stop loss: 835 Upside: 10%–13%
OBEROI REALITY LTD -- INTRADAY SETUP- 01/03/2023OBEROI 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 hourly chart .
6. BUY intraday 853-855 for target 860-865-870 stop loss bellow support line 844
7. if 15 MIN bearish candle close bellow upper channel support then short position can initiate for target 840-835
*** THIS IDEA IS FOR EDUCATIONAL PURPOSE.. trade at own risk
HAPPY TRADING . !!
Oberoi Reality ready to change its realityWeekly 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
Short Term Trade Idea Buy(OBEROIRLTY)
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 Registered Research Analyst so before your Investment Please Consult you Financial adviser.
BULLISH on OBEROIRLTYNSE: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 :- This is my own view and Analysis. This is for educational purposes. This is is not a recommendation, call or a tip.