The rally which started in Late2016 -looks to complete minute wave iii (circled) at 172 once it starts falling below 165-167 zone- we shall look for a pullback in minute wave iv (circled) which retraces 61.8% of wave-ii -iii in the zone 140-145.
Wave-iii (circled) travelled 161.8% at 172 of wave-i (circled)distance.
In future if 140-145 zone offers support then Oriental Bank can be thought of taking longs for target atleast 172 back & above as well.
Later, we come for a review.
Going below 165-167 - One should be careful to lock their profits & look for 140-145 for re-entry in the future.
What a fall has started - Look at the candle size.