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
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