New Delhi, June 5 -- Shares of Oracle Financial Services Software (OFSS), a leading IT firm catering to the banking and financial services sector, are showing signs of renewed bullish momentum, according to domestic brokerage Anand Rathi. The brokerage has issued a positive outlook on the stock, suggesting it may deliver gains of over 13 percent in the next one month, driven by a solid technical setup and improving trend indicators.

Analysts at Anand Rathi note that OFSS has recently established a strong base in the Rs.8,300-8,750 range and is now trading comfortably above the Rs.8,800 mark. This price action is being interpreted as a sign of consolidation before a potential breakout. A particularly bullish signal comes from the inside v...