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Oriental Bank of Commerce

Discussion in 'Technical Analysis' started by vishuhd1, Apr 15, 2013.

  1. vishuhd1

    vishuhd1 Member

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    OBC is on the verge of making W... Wait till it trades above 263 to take positions for good gains.. Target is 280 and SL is 230...
     
    vishuhd1, Apr 15, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    It took one quarter from 370 to 220 and so I will wait and watch as of now.
     
    shabbir, Apr 15, 2013
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  3. sainath85

    sainath85 Member

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    any update on this bank?
     
    sainath85, May 3, 2013
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  4. vishuhd1

    vishuhd1 Member

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    Looks to be in a downtrend and it has broken the previous support levels of 262 decisively on the downside.. The next big support is at 230... May be you can short this stock for some gains..
     
    vishuhd1, May 3, 2013
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