Stock Radar: Oberoi Realty breaks out of Symmetrical Triangle pattern; time to buy?

After hitting a record high of Rs 1,952 in June, the real estate stock has been consolidating within a range. It recently broke out from this consolidation, closing at Rs 1,814 on September 13th, boosted by a strong bullish candle. This momentum also led to the stock reclaiming its 50-day moving average, a positive sign for investors.