Embodiments of present disclosure relates to method and system for real-time tracking of moving target object. Initially, occlusion in view of real-time tracking of moving target object is detected. Occlusion comprises one of complete occlusion and partial occlusion in the view. Further, upon detection and until moving target object is retraced by overcoming the occlusion, at least one subsequent movement of object tracking system for retracing the moving target object and direction of movement of the object tracking system is varied based on at least one subsequent movement. The at least one subsequent movement is determined based on at least one of one or more potential locations associated with moving target object, one or more preceding movements and one or more preceding positions of real-time tracking of moving target object, or movement data associated with occlusion. The present disclosure provisions dynamic retracing of moving target object with presence of occlusion.