One can buy Orient Refractory with the Stop loss as 250 and target open. A beautiful retest of a breakout is visible with negligible volumes indicating weak hands are out. Deliveries are also above 60% for the fall.
Big Breakout - Orient Ref Closing Price - 303 Buy 50% On Monday Add 50% If Price Drops To 279-280 Strict SL - 212 (WCB) Target - 450
Bounced back from long term support.
Rectangular Breakout seen in ORIENTREF with high volume . Buy only if the high of the breakout candle is broken. You can either target a 1:1 ratio or the target given below. Buy levels: 215.5-218 Stop Loss: 183 Target: 252.5
Buy ORIENTREF between 245-237 T1: 315 T2: 333 T3: 360 T4: 405 SL: 217