USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
INFIBEAM AVENUES L, PC JEWELLER LIMITE, RELIANCE COMM LTD, YES BANK, GMR INFRASTRUCTURE, UTTAM VALUE STEELS
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
buy at 395 coss with 375 stop and trail
As the market sentiment is highly negative, one needs to go short on PDL break to hedge it after buying to trap a sharp crash if any.
OBEROIRLTY break the structure and retest zone keep watch
disclaimer.... not an investing/trading recommendation
Oberoi Reality traded near trend line. Good time to buy
stock is in downtrend making lower lows & lower highs
cmp - 486.8
buy if close above 496 , can goto 510, 510
short if close below 485 can goto 480, 465, 455
Idea described in charts...
Multiple signals have emerged which point towards upward revision of price in this stock over coming days. While Daily MACD stays in continuing buy mode, Weekly MACD has reported a positive crossover. It is now bullish while trading above its signal line. RSI stands neutral and is seen breaking out of a pattern formation. On the Weekly Charts, the ...
OBEROI has been moving in a channel . After a huge leg up yesterday, its testing the upper edge. Awaiting a breakout or reversal.
Its still respecting the LIFETIME CHANNEL--> Hit the play button in the post below
Double Top formed with -ve divergence, breach of +ve trendline may fall upto 400 levels
OBEROIRLTY is retesting the lifetime high it made recently. Moving in an up channel, its near the edge of it. Awaiting a breakout/reversal.
OBEROIRLTY GETTING READY FOR A MOVE
As mentioned in charts, Aiming if swing retraces back as anticipated and bearish momentum continues::
Short - TP = 410, 405, 390, 388 and beyond (if breakdown)
Take SL as per risk appetite
The retracement also derives strength from %William also showing downtrend and also from bearish MACD crossover..
NOTE: The company appears good from fundamental prospects so ...