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This reality stock has formed a double bottom formation and we see the stock moving ahead with full steam to the initial target of 550 followed by 567, 594,623,650 level. Effectively, targets are those points from where the stock can reverse and thus one must monitor these levels closely.
To let the cat out of the bag, the stock is Oberoi Realty Limited which is showing a strong development within a rising trend channel in the medium to long term. Rising trends indicate that the company experiences positive development and that buying interest among investors is increasing.
The long term traders can keep a stop loss of 433 and short term traders can keep a stop loss of 480 to get good returns from the stock in times to come.
Time to take your mind off the screen and trade less but trade accurately and for that, you need to get into the elite group of traders who are using intraday trading tips and they swear by it.
Time to take your mind off the screen and trade less but trade accurately and for that, you need to get into the elite group of traders who are using intraday trading tips and they swear by it.
