OBEROIRLTY trade ideas
LONG BUIDUP NSE: OBEROIRLTY OBEROIRLTY is good channel breakout for long takenand it taken good support
strong buying on pullbackReality sector is up already i didn't share much as i was busy with my intraday .so here the stock is gearing up for next move . pullback was weak and stock have tested the breakout lvl and we have seen heavy buying . rest u can see on chart. simple price action . price is above 50 and 200 MA so bias is bullish.
Oberoi Realty Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2.5:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
Great consolidation since five months Take a profit after retesting keep eye on it
As per your own risk
OBERORIRLTYNear All time HIgh ,Making Symmetrical triangle pattern at high today touched the bottom trend line and reversed good, also sequezing the voulme ,good opportunity to break the all time high and above looks good
Oberoi Realty - ATH Oberoi Realty - Above 570 this can get ready for an ATH. Monthly RSI just above 60.Let us see.
DISCL: Not a SEBI Registered. I post charts for my own study.
OBEROIRLTY Volume BreakoutOBEROIRLTY showed a good breakout with volume. Entry - SL and Target for future.
R-0230 Intraday Cash Buy OBEROIRLTY @454.40-456.4 SL 447 TGT 475Intraday Cash Buy OBEROIRLTY @454.40-456.4 SL 447 TGT 475
Above VWAP + MACD cross over + book profit around second resistance 477
Sell oberoi Realty The price has broken support , shorts can be initiated if the price breaks 345 levels with confirmation
