OBEROI REALTY.... SHORT IDEATechnically, the stock seems to be correcting in Elliot 5 wave pattern.
The 4th wave of correction is moving in a triangle pattern.
This is likely to break down and the fifth wave should move towards 700 levels.
OBEROIRLTY trade ideas
Sell on rise Oberoirlty
T- 650
SL : 840
Reason : Technically it has made Head and Shoulder structure on daily chart and fundamentally due to inflation and rate hike Realty sector expected to slowdown in near term.
butterfly in oberoirltyjust for educational purposes
case study
harmonic butter fly rules
like B point should be 0.786 retracement of XA leg
And C point should be 0.886 or 0.382 or in between if near values good and is retracement of AB leg
and D 1.618 or 2.24 of BC and 1.27 of XA
these are for butter fly for other patterns retracements will vary
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
Oberoi Realty is on strong Demand zone.Stock is stand on demand area . previous data analysis is say's that stock was go to upside.
Oberoy Realty IB Breakout on Daily chartOberoy Realty inside bar breakout on Daily chart. Range bound last few months....
range bound between 800-1000it is approaching towards 800 levels, so entry should be initiated 800-815 levels.
In these types of patterns breakout fail most of the time.
Breakout people buy at breakout of this long range but if we initiate trade entry earlier then we will Square off at those levels where 90% of people rush for buy.
Tip & Tricks-
.we must be entry earlier than most of traders.
.range bound, broadening pattern, channel pattern etc. try to not enter at breakout, enter at lower support levels so we can supply at breakout levels to those traders.
Short OberoirltyStock Name: #Oberoirlty
Action: Sell
Entry: 948.80
SL: 976
Target: 845.50
NSE:OBEROIRLTY
Oberoi Realty Breakout Analysis !!📈 Oberoi Realty Ltd. 📉
This Stock broke out from a Down Trending Trendline zone after testing three times. It was in consolidation inside Triangle Pattern since last six months and today that ended on long side So I am biased on long side as todays candle closed is strong green.
On Buy Side I am looking for Targets of 977 and 1036.
StopLoss should be kept at 888.
It offers 1:2 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
OBEROIRLTY Sell Idea (Intraday)Price gave major BOS and showing rejections at current levels. Going below 865 can be a possibility that price can drive down further to 854-855 Levels. All the analysis mentioned over chart. In case price open gap down below levels then will look for rejections further.
Oberoi RealtyOberoi Realty trendline breakout and retest complete.
Buy above 1016 for 1052 - 1132 - 1210.
SL - below 940 (DCB)
Views are Educational.
OberoirltyStock has been trading in a range and trying to break resistance. Buy above 1000, TGT 1100+, SL 950. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Oberoi Realty View - Breakout PossibilityOberoi Realty :
Looks good for resistance breakout
Currently facing strong resistance but bouncing back
Long above 1017 with SL 995
Oberoireality @ 1001 target 1050/1100Oberoirlty @ 1001 target 1050/1100 is showing good open interest buildup for longs, should cross 52 weeks highs soon
Oberoi Realty long term identificationFor educational purposes only - based out of RSI selection method
OBRROIRLTY - Daily Chart BULLISH ViewOBRROIRLTY - Daily Chart BULLISH View
On the daily chart of OBRROIRLTY , there could be a breakout above 1000 level.
Oberoi Realty Intraday viewOberoi Realty :
Intraday
Looks Good for a quick breakout
Long above 1013 with SL 1004
Oberoi Reality Short termOberoi Reality looking good in weekly
impulse move breakout may happen
concentrate if price sustain above 995 in daily
Inverted Head and Shoulder Breakout on OBEROIRLTYOBEROIRLTY inverted head and shoulder breakout on daily timeframe, target would be length of the neck from head
Note: This is only for educational purpose
Oberoi RealtyTechnical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
OBEROIRLTY SWING TRADEAs we see OBEROIRLTY is on major support .we can go long by keeping our stoploss below 200ema and major support area.
