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
The stock has slipped from an overbought condition to its support zone at prior gap area. It has been consolidation in a tight range recently. My expectation is a retest of the recent highs if the range breakout happens. Am looking to buy this one today if we manage close near the day's high. Interesting stock !!