OFSS - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.1

📈 Intraday Trade Analysis for OFSS (Oracle Financial Services Software)

🔍 Technical & Momentum Overview

Price Action: Trading at ₹9,175, well above both 50 DMA (₹8,722) and 200 DMA (₹8,961), confirming bullish bias.

Momentum Indicators

RSI at 63.3: Indicates strength but not yet overbought.

MACD at 140: Strong bullish crossover, suggesting continuation.

Volume: Current volume (1,11,444) is below weekly average (1,85,101), which may limit sharp intraday moves.

Support & Resistance Levels (as per EquityPandit)

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Support 1: ₹8,098

Resistance 1: ₹8,503

Resistance 2: ₹8,727

Resistance 3: ₹8,908

🎯 Intraday Strategy

✅ Optimal Buy Price

Buy Zone: ₹8,503–₹8,727

Entry above ₹8,503 with volume confirmation is ideal for momentum breakout.

💰 Profit-Taking Levels

Target 1: ₹8,908 (Resistance 3)

Target 2: ₹9,175 (Current price — if breakout sustains)

Aggressive Target: ₹9,300+ if volume spikes and RSI crosses 70

🛡️ Stop-Loss

Stop-Loss Level: ₹8,098

Breach below this level signals breakdown risk.

🕒 Exit Strategy If Already Holding Today

Exit on Strength

If price nears ₹9,175–₹9,300 and RSI > 70, consider booking profits.

Watch for MACD flattening or bearish divergence.

Exit on Weakness

If price fails to hold above ₹8,727 or drops below ₹8,503 with rising volume, consider partial exit.

Breach of ₹8,098 should trigger full exit.

OFSS shows strong fundamentals and technical setup for intraday trading, but volume needs to pick up for sharper moves. Stay nimble and monitor price action closely. Let me know if you'd like live chart alerts or a watchlist setup!

Sources

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www.equitypandit.com

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in.tradingview.com

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