ORIENTAL BANK OF COMMERCE
- Stock coming don from 38.2% fibonacci retracement indicating weakness as long as trades below.
- Chart also indicates that stock will now find strong trend line support around 254, if closes and stays below 254 then further weakness is expecting. Below 254 stock will find next support around 240.
- Intraday close watch below 254, if holds below then intraday weakness is expecting.
- Stock also facing 200 DMA support, this indicates that bulls have last hope, if trades below then we may see weakness, as long as trades above bulls have chance to bounce back.
- Free stock tips.
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