OFSS : Ascending Triangle Breakout Possibility Looks Good above 3810 with support at 3740
Above 3800 could travel upto 3900 intraday. Took bullish support over the Trend line.
The stock looks good above 3795 level for 4-5% further upmove
This scrip is forming a beautiful triangle pattern as it is slowly travel toward breakout. So traders keep on your radar to catch the momentum.
Rectangle forming on 4H Chart of ORACLE FINANCIAL SERVICES. A Breakout above 3800 from below with Volume can take this stock to 4000, 4100, 4200. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
This scrip is still under consolidation mode and it expected to give breakout. So traders keep on your radar.
Oracle Financial Services Software has given Brkout of an Inverted Head & Shoulder Pattern on Weekly Charts. Stock looks Bullish as of now. Till the time 2880 is intact on Weekly basis.
People Invest in ITC and other PSU for dividend and whatever dream of growth they see in those stocks !! Here is OFSS.. U cant get better fundamentals than this Stock.. According to me , this is the cheapest IT stock available in the market and a safe bet !!! DIVIDEND YEILD - 5.5% at CMP !!! what else do u want ? rather than making a mutual fund SIP or doing FD...
NSE:OFSS Long on OFSS :- * excellent fundamentals * reverse H&S TGT - 4500-4800++ Duration - 3 months God Bless All !
After about a year, OFSS has a made an upside breakout from a trading range. Also the dividend distribution next week should fuel the rally even more
on DTF the company is forming a cup and handle pattern and taking resistance from 3600 levels. This level has been tested multiple times now. So any close above this 3600 level can move the stock to further 4k levels. On a weekly timeframe, this shows an inverted H&S pattern, which is a bullish pattern. DISC: For educational purposes only.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
The stock is forming a cup and handle formation on a weekly, daily, and hourly time frame. Enter on the break out of the resistance zone.
The stock is forming a cup and handle formation on a weekly, daily and hourly time frame. Enter on the break out of the resistance zone.
Near breakout, above 3570 sustain will see 3940/4375 with support 2880
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...