Foram_C

Buy OBEROIRLTY with short term target of 620

Long
NSE:OBEROIRLTY   OBEROI REALTY LTD
OBEROIRLTY

Multiple signals have emerged which point towards upward revision of price in this stock over coming days. While Daily MACD stays in continuing buy mode, Weekly MACD has reported a positive crossover. It is now bullish while trading above its signal line. RSI stands neutral and is seen breaking out of a pattern formation. On the Weekly Charts, the prices have closed a notch outside the upper Bollinger band. Apart from a minor pullback inside the band, a breakout on the upside is very much likely. On-Balance Volume – OBV has marked a fresh high on both Daily and Weekly Chart.
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