Oriental Bank -Cracks 190 to 155- Profits Locked & Re-enter@158

May 16, 2017

Retraced 50% at 155.50 minimum expectation done - can push upside for 187-190 in coming days where where wave-i travels an equality distance to proposed wave v.
155 is psychological level.

Previous Update- Lock your profits with the breakout@172- Sharp fall from 190 to 155

May 16, 2017

Trade active

13:43 Hrs 16th May2017

Last Price@162.20

Started Moving Upside as soon as I posted Oriental -PNB started its blast upside at 171 - trading at 177.

May 21, 2017

Trade active

19:23 Hrs 21st May2017

Last Price@157.70

It is important that OB crosses 165 mark else it can dip below 155 first, where all stops are sitting down.

May 21, 2017

Note

19:26 Hrs 21st May2017

Sorry for the wrong chart above

Jun 6, 2017

Trade active

08:01 Hrs 6th June2017

Last Price@154

As per last update above - crossing of 165 was important- failed, I raised the alert that going below 155 - psycho level as mentioned was indeed important.

It had a fall to 142 lows

Bulls shall return back in the counter only once 165 is crossed which is key level for us next.