Applied Fibonacci to recent lows and highs.
Stocks is taking support at 0.5 Fibonacci level.
Given the weakness in PSU Banks this stock can be sold below 76.3 with a stoploss of 77 Targets of 74.2
ORIENTBANK Crashed on NSE close to 11% with Volumes more than 12 times its average and has been below Ichimoku, crossed its recent Resistance level with GAP Down opening an excellent opportunity to go short in the stock.
SELL ORIENTBANK Below 92.6 with Stop-loss of 95.05 and Target 1 at 90.3 Target 2 at 87.95 and Target 3 at 85.6
