ORACLE
FINANCIAL SERVICES
Open—6650--High—6694—Low—6593—Close—6642.50 on 20.2.2026.
Technically it is on a very weak footing and likely to go
down further, but it is important to mention here that it has good support in
the range of 6400—6381----5979 so it
may bounce back from here for a while but break below this range can drag it
down to much lower levels and moving down further the worst price range for the
stock could be 4200—3700 as of now.
Similarly if it moves 7038
and sustain on the closing basis then it may give an indication that it can
move up further and finally if it moves above 7687 & 7699.50 and sustain on the closing basis then it may
gain strength and can extend the up-move further and may resume continued
up-move.
In view of the above observation one can structure their
trade or investment accordingly.
NOTE: - It is a technical assessment of the stock as of now, the
technical interpretation changes with the price movement and time, therefore it
has to be reviewed at regular intervals, furthermore investors are advised to look into
fundamental, financial details of the company because that too keeps on
changing and last but not the least management perception for the future of the
company before taking investment decision.
Disclaimer:-The view expressed here are solely of the
author and he is not at all responsible in any way for the outcome of the trade
you enter based on the above view. It is for the educational purpose.
Kindly
note that make your cost your stop loss in favorable trade
and then trail it as the price move up/down to gain maximum profit and avoid
losses. Use support and resistance levels as entry, exit, target and trailing
stop loss points. DO NOT TRADE WITHOUT STOP LOSS.
Note: Price stated here are of spot
market.
Contact me for strategic guidance
to enter and exit trade.
Thanks
Narendra
Kumar Surana
Mobile—8240951127/9831313654.
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Thank you for sharing your views.