Oberoi Realty Ltd. (NSE)

il y a 7 jours

The chart for Oberoi Realty Ltd. (NSE) shows a bullish breakout above its ascending channel's upper trendline, supported by rising volumes. The RSI is at 68.49, indicating strong bullish momentum but nearing the overbought zone, suggesting caution. The MACD is bullish, with the MACD line above the signal line and a growing positive histogram. Immediate support lies at ₹2,087, with stronger supports at ₹1,900–₹1,850 and ₹1,700, aligning with long-term trendlines. Resistance levels to watch are ₹2,200 (immediate), ₹2,300, and ₹2,500 (long-term target). Traders can consider entering near ₹2,100 on a pullback, with a stop-loss at ₹2,000 and targets of ₹2,200, ₹2,300, and ₹2,500. However, caution is advised at overbought RSI levels, as a short-term pullback could occur. A sustained close above ₹2,200 would confirm further upside momentum.