Stock Radar: This realty stock breaks out from 16-week consolidation to hit record high; time to buy?
Oberoi Realty Ltd has broken out from a 16-week consolidation, reaching a new record high in September. Experts suggest short-term traders could target above Rs 2000-2100. The stock is trading below the 5-DMA but above other key moving averages, with bullish indicators suggesting further upward movement.