raj3elite
Short

Descending Triangle on Oriental Bank

NSE:ORIENTBANK   ORIENTAL BK OF COM
Descending Triangle on Oriental Bank. MACD on Bearish and RSI below 50.

NOTE: This chart recommendation for positional, not for an intraday.

Trade:
Short below - 118.60
Target 1 - 116.65
Target 2 - 114.50
Stop loss - 120.60

Risk : Reward => 1 : 2
Reward Points - 4.10
Risk Points - 2

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