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.
OFSS trade ideas
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.
OFSS uptrend in tactWith the help of trend lines, we can see that OFFS could increase on the long run.
RSI is uptrending as well which shows strength of the trend.
MACD is also showing a increasing positive momentum
OFSS - Good possibility of rounding bottom on weeklyThe primary objective of a trader is to anticipate accurately what might happen and based on the possibility, act upon it. It is highly likely that OFSS, after breaking out inverted head and shoulder pattern on weekly chart, will move towards ATH forming rounding bottom sort of pattern on bigger tf. Hold the stock and ride the rally.
Oracle Financial Services-Nice breakoutOracle Financial Services-Nice breakout.
Capital to be deployed- 20k
Price -3780-90
Stoploss-3378
Targets-4435/5178/6953
#Oracle #nifty50 #NiftyBank #investment #StockMarket #StocksToBuy
OFSSOFSS:
C&H Formation on Weekly Basis.
RSI: 1H>D=W>M. Trail SL with Upside.
Do Your Own Research as Well.
Happy Investing 😇
OFSSOracle Financial Services Software Ltd.
Oracle Financial Services Software Ltd. is forming a good pattern, there is a good accumulation happening at current levels.
Oracle Financial Services Software Ltd. is Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: IT - Software
Industry: Computers - Software - Medium / Small
OFSS - bullish C or 3rd setup possible here. LongOFSS - the bias is bullish. The waves can be labelled as 1, 2 done and early stage 3rd or an A,B done and C higher going on. SL 2980
OFSS - Consolidating in 3000-3500 from Feb-22This was after a 40% drop from the high made in Oct-21
Plan ahead -to Purchase around the current level (3000) on the rejection of the downward attempt
Or, rejection indicators close to 2100
PB 4x
PE 14x
ROCE 34%
DIV 6%
oracle fin service good for investment?Oracle Fin Service(OFSS) good for investment as per my analysis. it took support 3122 is lower support 6242 first target second one 6888..
OFSS counter trend rally OFSS is in counter trend rally as a wave ABC, in which wave A and wave B are completed and now possibly we are ready to unfold wave C of B retracement in daily time frame.
Price is in upper part of Bollinger band in daily
Macd in daily positive crossover and Uptick
Macd in weekly positive crossover and Uptick
Rsi in daily above 60 uptick
Dmi adx also positive in daily time frame
Most traders treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you....!
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing
I am not responsible for any any kind of profit or loss
OFSS looks good on monthly chartstock is printing green candle at the confluence of white channel , S1 yearly PP and 50 MA in monthly chart...
OFSS showing signs of breakoutClose about 3420 can take it to new heights 3700 in short term
Keep a track
OFSS - trendline support around 2960-70Cheap stock with attractive dividend yield
Try to buy around trendline support
OFSS at multi timeframe supportThe stock is trading near-monthly and weekly price support i.e 2930-3020
Keep an eye on the price action near these levels for any bottom/reversal formation.
Bullish divergence near these levels can be seen on the daily chart.
Wait for more such positive confirmation in price action for initiating any positional trades in the stock with great RR.
OFSS at short term supportThe stock moved through recent highs and now the same levels are acting as support.
Sustaining these support levels, ofss is probably moving towards 4400-4500 levels in the coming trading sessions.
This could turn out to be a better RR swing trade.
