The stock of Oberoi Realty formed a good base at ₹1,400 in March and rebounded. But since mid-March, the trend has largely been flat where the price is oscillating between the broad ₹1,600-1,750 range. Nevertheless, the chart shows the formation of a higher base at ₹1,600.

Moreover, the price action shows that the stock is getting good buying interest so far this week. Therefore, we expect the stock to break out of ₹1,750 soon. Once this occurs, the stock can rally to ₹2,000 in the medium term.

Traders can consider buying the stock now at ₹1,693 and accumulate if the price dips to ₹1,620. Place initial stop-loss at ₹1,550. When the stock rises to ₹1,800 and ₹1,900, raise the stop-loss to ₹1,720 and ₹1,850 respectively. Book profits at ₹2,000.

Video Credit: Businessline

Note: The recommendations are based on technical analysis. There is a risk of loss in trading

Published on June 19, 2026