155 is psychological level.
Previous Update- Lock your profits with the breakout@172- Sharp fall from 190 to 155
Started Moving Upside as soon as I posted Oriental -PNB started its blast upside at 171 - trading at 177.
It is important that OB crosses 165 mark else it can dip below 155 first, where all stops are sitting down.
Sorry for the wrong chart above
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.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ