ORIENTAL BANK OF COMMERCE
- As per previous report published on OBC , stock had shown weakness after breaking it support @ 265 and after that made a low around 253, but bounce back. (Click here to see previous report published on OBC).
- Now as per current stock analysis chart no1, OBC is moving in down channel formation, but it is now trying to come out from its pattern, chart indicates stock is finding resistance around 288, once OBC closes above 288 then bulls may get active and we can witness some up price action for next few trading days.
- Intraday share tips - Close watch once OBC starts trading above 288 if holds above during market hours then intraday action is expecting.
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- As per chart no2, OBC is moving up from 200 days moving average @ 253, as long as stock holds above bulls will be favored, but once stock closes below 253 then weakness expecting.
- As per graph no3, If OBC moves up from current levels then stock will find resistance around 288, 300, 315 and 330. Close Watch. (Levels as per fibonacci retracement).
- Click here to see all the free trading reports (tips) published by us on OBC.
- Free intraday trading tips.
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