OFSS new all time high incoming??#OFSS a move above 11550 would be a breakout and prove the breakdown as a fakeout. Just like #DIXON this can go above 12600 in no time after the fakeout and hence should be on our radars.Longby TheSnopPublished 6
OFSS can target 10,000 off here??#OFSS can retest this as a resistance and fall a bit further off here! Can then target 10800, 10500 and 10300 off there with 11500 as invalidation.Shortby TheSnopPublished 4
OFSS S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthoshPublished 0
Rising wedge patternBearish momentum building with a rising wedge patternby DhavalKeshariaPublished 0
ORACLE - Can it show us a miracle :)Chart is self explanatory. Already given a breakout. Can we see 4700 / 5000 / 5500 ? Time will tell. Hoping for the best. Cheers. Longby SensiiiiiUpdated 2215
sell at zone ~ intradayexpecting small fall from the zone . look for confirmation inside zone in smaller tf. - good for intraday trade - entry is strictly inside the zone - SL is day close above zone - for target draw fib retracement from C to latest swing high , use 0.236 fib as tgt 1 (safe place for intraday), 0.382 as tgt 2 (risk takers). - don't trade , if u didn't get selling confirmation inside zone - if day close is above this zone , this pattern becomes invalid , ignore this pickShortby rajeevmmailsPublished 0
OFSS10/06/2024 OFSS CMP: 8406.25 Tragter : 9023-10127-10922 SL:7735 Information is only for study purposeLongby vikas011978Published 2
Oracle Financial ServicesStock is trading at 7650 as on 7-May-2024 which is 15% below its lifetime high. currently the stock is at critical support level... if this level is broken then the next support is at 7,120 and 6,380. if the bullish trend continues from 7650 levels then the price targets are 8170, 8620 and 9010 in the longer term Can accumulate in the range of 6380 to 7120 Longby haresh2408Updated 1
Oracle financeAvwap breakout. Rsi range breakout. Double bottom formation, Marabuzo candleLongby Rah343Published 2
[Positional] OFSS Buy IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivativesLongby Amit_GhoshPublished 1
ORACLE FINANCE ONCE AGAIN MAY GO UPOFSS still in uptrend.. Already HIT our 8k target .. Now after a dip ,again trying to go up This time target would be 8200++ Stop 7700 Fundamentally good features.. PE 31 still less than sector PE 36 Positional short term call! Only for educational purpose! Please consult your financial advisor before taking any buy/sell..Longby CRYSTAL_EQUITYPublished 4
Oracle financial services may go 8kChart is very bullish Along with nifty correction stock tested a short dip If nifty rally in coming days expects a good rally Expecting to cross 7500 ++ in15 days 8k target Stop 6k Risk reward 1:2 Fundamentally very good Sector in bullish mode Interestingly stock PE less than sector PE Oracle Financial Services Software Ltd provides financial software, custom application development, consulting, IT infrastructure management, and outsourced business processing services to the financial services industryLongby CRYSTAL_EQUITYPublished 112
OFSS#Breakout Soon candidate. #Superb fundamental with low PE stock comparison to peers. #Investment Stock Longby Mount_TradeUpdated 220
My investment stockPlease note this stock have my portfolio stock Very bulish on this stock Reverse header and shoulder pattern No recommendation for buy and sell Fundamentals strong stock Longby investigationofchartPublished 441
Ofss cup and handle weekly breakout Offs weekly cup and handle pattern breakout seen in for swing target of 4532,4722 and 5137.Longby AccuratetradinggroupPublished 2
Trade set-up_OFSS can give a breakout and rally 10% thereafter!The stock has been attempting to move beyond the INR4200 mark since September 2023 but its every attempt in past was met with some strong supply around the 4200-4250 zone preventing it from moving beyond. In this ongoing tussle between the buyers and sellers in the past three months the stock made at least 3 attempts to breakout above 4200 and the very same 3 attempts of the stocks are now clearly visible on the chart as an "Inverted Head &shoulders" pattern. The neckline of the pattern stands at the same old supply zone of 4200-4250. On decisive close above the 4200 mark and also upon breaking out from the inverted H&S pattern the stock can rally nearly 10% towards the INR 4600 region. CMP - 4166 SL - 4078(2.4%) TARGET - 4600(10%) RR - 1:4Longby neeraj_2_sharmaUpdated 1
OFSS Breakout confirmed !!!Hello All, On special demand posting this chart I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading. Gautam Khanna Technical Analyst by Passion :-)Longby GautamKhannaPublished 4
oracle financeWave C going on and same are very destructive. this stock is going to tank. happy trading.Short01:03by maneeshsinghhighPublished 0
OFSSIt is expected to outperform NIFTY in coming days. Hence, long may be tried here.Longby YS9Published 0
Downtrend Channel Pattern Breakout in oracle fin servORACLE FIN SERVICES Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Downtrend channel Pattern . ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 3960+. ✅Can Go Long in this stock by placing a stop loss below 3820-.by TradZooPublished 1
Oracle fin services weakly chart Orecle finance services weakly chart have reversal header and shoulder pattern, market in bullish and our stock have breakout so this also leads to move as bullish stock in the part of Nifty small cap 100 No recommendation for buy or sell Longby investigationofchartPublished 0
OFSS DAILY CHARTOFSS DAILY CHART Cmp 4021.50 Support 3740 Target 4570 OFSS has seen a rounding bottom breakout along with resistance breakout @ 3740 levels. Its only an observation & not any suggestion.Longby UnknownUnicorn4824761Published 1
OFSS WEEKLY BREAKOUT ENTRY OFSS Everything is clearly mentioned on the chart it self. It has been breaking out - consolidating - breaking out and so on . Entry has been initiated after consolidation on a weekly chart. As I am writing this the market is highly bullish and global market sentiment is also highly bullish. Thank you. Longby AbhishekingxPublished 0