Trade ideas
OFSS watch for a breakout of Base.Good pattern.
-Trying to break out of the box.
-Inverse H&S on DTF
-Narrow range inside candles on DTF.
-Dry volume
Breakout traders wait for a breakout of the base. Positional traders can look for building positions given in the chart.
The view and chart are shared just for educational purposes. Please do your research before investing.
OFSS: Ready to Soar to New Heights? Mission Control Says Go! #OFSS
✈️ OFSS: Ready to Soar to New Heights? Mission Control Says Go! 🚀
OFSS (Oracle Financial Services Software Ltd.) is currently cruising at 12,100-12,250, and this tech jet seems primed for a high-altitude mission. With flight checkpoints at 12,619, 13,271, and the stratospheric 14,172 on the radar, OFSS appears set to climb through the financial skies! 📈
As a leader in developing banking software and IT solutions, OFSS is like a state-of-the-art fighter jet equipped with the latest technology. Its twin engines—the Product Licenses and Related Activities segment and the IT Solutions and Consulting Services segment—are humming smoothly, ready to propel it upwards. This jet isn't just flying solo; it's backed by years of expertise. 🛫
First stop: 12,619—the initial airbase where OFSS can refuel and assess conditions. With favorable tailwinds from its strong market position and innovative offerings, the next targets at 13,271 and 14,172 could be well within reach. That's the kind of altitude where even seasoned pilots tip their wings in respect! 🌤️
But remember, pilots and traders alike should keep their instruments in check. Even the most advanced aircraft need regular maintenance—so keep an eye on those stop-losses and market conditions. After all, every successful mission requires careful planning and adaptability. 🛡️
So, fasten your seatbelts and adjust your trading goggles. OFSS is gearing up for an exciting ascent, and it might just be time to enjoy the view from higher altitudes. Here's to clear skies and a smooth flight all the way to 14,172 and beyond! ✨
Wish You Happy & safe trading
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
OFSSThe chart is self-explanatory and is shared for educational purposes.
OFSS STOCK has shown a gradual upward movement, trading above the 50, 150, and 200 moving averages. After the breakout, the resistance became a support. Considering these factors, it is possible for the upward movement to continue.
#OFSS (Oracle Financial Services Software)#OFSS (Oracle Financial Services Software)
Buy - OFSS 26 SEP 11300 CALL(Option)
Targets - 11560 & 12000 (SPOT)
SL - 11135 (SPOT)RRR - 1:1 & 1:3
(This analysis is for educational purposes only and reflects my personal views.
Please conduct your own research and analysis before making any trading
decisions. I am not responsible for any losses. Trade responsibly.)
Education purpose only - OFSS- Stock is in a strong trend but a cooling off period or retracement will make it stronger
- EMA 20 is a strong reversal points
- lets see if it gives a sign of reversal..
- MACD is in buying zone, it should be reversed
- RSI & ADX are giving sign of cooling off and retracement possible
- Target – 10000, SL 12600
Oracle (OFSS) Technical AnalysisThe current price of Oracle Corporation (ORCL) is:
$76.45
Please note that stock prices are highly volatile and can fluctuate rapidly. This price may have changed by the time you read this. If you'd like to know the current price, I can update it for you.
Oracle (OFSS) Technical Analysis: Support and Resistance Levels
Short-term (1-hour) Analysis:
Support Levels:
$74.50 (Strong Support)
$73.50 (Mild Support)
Resistance Levels:
$77.50 (Mild Resistance)
$79.00 (Strong Resistance)
OFFS breakout trading Oracle Financial Services Software (OFSS) as the stock is currently in a bullish uptrend, consistently forming higher highs and higher lows. It is trading above the 21-day EMA, which supports a positive outlook. The stock is testing a key resistance level around ₹11,840, and a breakout above ₹12,000 could push it toward ₹12,500 or higher. However, given that the RSI is nearing the overbought zone at 67.71, there is a potential for a short-term pullback. For risk management, I recommend setting a stop-loss at ₹11,500 to protect against downside volatility, with a more conservative stop at ₹11,000 near the lower trendline.
OFSS -Inverted Head and shoulder— Near Breakout -Daily
OFSS -Inverted Head and shoulder—Daily
It also forming flag and pole pattern.
Name - OFSS
Pattern - Inverted head and Shoulder
Timeframe - Daily
Status - Near breakout
Cmp - 10988
Target - 13074 - need to close above 11330
SL - 10700
Pattern
The Inverted Head and Shoulders pattern is a bullish reversal pattern
Fundamentals
Oracle Financial Services Software Limited (OFSS) is a prominent player in the financial technology sector. Here are some key fundamentals of the company:
Market Capitalization: Approximately ₹93,085 crore
Share Price: ₹10,9887 on NSE
Price to Earnings (P/E) Ratio: 39.86
Revenue: ₹6,652 crore for the fiscal year ending March 2024
Net Profit: ₹2,335 crore for the same period
Dividend Yield: 2.24%
Return on Equity (ROE): 32.53%
These metrics indicate a strong financial position and consistent performance.
OFSS - Fibonacci Retracement shows a target of 9300+OFSS is moving towards a target of 9300+. Other factors:
1. Using fibonacci retracement the targets are coming at 9300+
2. MACD is positive
3. RSI is positive
4. Price has touched upper side of Bollinger Bands and we can expect the price to be bullish
"Clear Charts, Easy Charts"
Learning & Earning!!
Cheers!!!
OFSS - Breakout Setup, Move is ON...#OFSS trading above Resistance of 9759
Next Resistance is at 12911
Support is at 6606
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Oracle Financial Services Software Ltd - Long Setup, Move is ON.#OFSS trading above Resistance of 6606
Next Resistance is at 9759
Support is at 4658
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
OFSS (Looks Ready For 9000)Oracle Financial Services Software (OFSS) has given a range breakout on a daily time frame today. The stock could head towards 8400, 8,700, and 9,000 in the coming few days. The stop loss can be placed at 7,742, which is today's low.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.