OBEROIRLTY - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

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Technical Rating: 4.4

Technical Analysis Summary

• Trend: Trending upward with strong momentum
• Moving Averages: Price (₹1,774) is above both DMA 50 (₹1,666) and DMA 200 (₹1,711), confirming bullish alignment
• RSI (68.3): Near overbought zone, indicating strong momentum but potential for short-term pullback
• MACD (32.0): Bullish crossover, supporting continued upside
• Bollinger Bands: Price near upper band, suggesting strength with possible resistance ahead
• Volume: Above average (16.0L vs 8.7L), showing strong market interest

Entry & Exit Zones

• Support: ₹1,700 – ₹1,725 (near DMA 200 and recent base)
• Resistance: ₹1,850 – ₹1,900 (intermediate resistance before 52-week high)
• Optimal Entry: ₹1,725 – ₹1,750 on pullback with MACD support
• Exit Zone: ₹1,850 – ₹1,900 if price stalls near resistance

Positive

• Strong ROCE (15.3%) and ROE (12.6%) indicate solid operational efficiency
• EPS of ₹48.8 and PEG ratio of 0.55 suggest reasonable valuation relative to growth
• Quarterly PAT growth of 33.2% (₹618 Cr. vs ₹309 Cr.)
• Positive DII sentiment (+3.05%) and strong volume surge

Limitation

• High P/E of 36.4 vs industry average of 42.4 may limit upside
• RSI nearing overbought zone could trigger short-term correction
• Decline in FII holding (-3.30%) may reflect cautious foreign sentiment

Company Negative News

• Concerns over regulatory delays and rising input costs in real estate sector

Company Positive News

• Strong quarterly earnings and robust pipeline of residential and commercial projects
• Strategic land acquisitions and expansion in premium housing segment

Industry

• OBEROIRLTY operates in the real estate and property development sector
• Peers include Godrej Properties, DLF, and Prestige Estates

Conclusion

OBEROIRLTY is currently trending upward with strong technical indicators and improving fundamentals. While valuation and RSI suggest caution, momentum and institutional interest support a bullish outlook. Traders may consider entry near ₹1,725 with targets around ₹1,900, watching RSI and MACD for signs of continuation or reversal.