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Rakesh Madhav CFA

20th Jan · SEBI-Registered Analyst

Oberoi Realty: Distribution Phase or Final Shakeout?

OBEROIRLTY
What stands out Repeated rejection near higher resistance zone Breakdown with rising volume hints at distribution RSI slipping below neutral, momentum turning defensive Price now testing long-term demand area Why it matters Oberoi Realty no longer trades like a momentum leader — it trades like a stock under evaluation. The recent breakdown suggests supply is overpowering demand, at least in the short term. However, strong real estate names often flush weak hands before resuming trend. If buyers fail to defend current levels, deeper consolidation is likely. Strength returning with volume will be the only reliable confirmation

#TechnicalViews#FundamentalViews#EquityResearch
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