1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Oberoi Realty Triple Top Formed

Discussion in 'Technical Analysis' started by suneelkoul, Nov 15, 2012.

  1. suneelkoul

    suneelkoul New Member

    Joined:
    Sep 3, 2012
    Messages:
    20
    Likes Received:
    0
    Hi Shabbir,

    Oberoi realty has formed triple top pattern...with volume below the average... Does it mean that the stock is going to see some correction and so we can short it.

    Thanks,
    Sunil.
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    May be but surely if it cracks 255 and so that should be your stop loss if you are holding long position