ORIENT ELECTRIC LTD
Long
Updated

rounding bottom pattern in orient electric

86
volume breakout
rsi convergence
rounding bottom
stoploss= breach of trendline of nearest support which is placed around 316
target= around 356-360
Note
stock touches 350 today. formation of inverted hammer...but volume is quite good..market is very bearish today around 170 points...let us see tomorrow's trading session
Trade closed: target reached
STOCK goes beyond our target. it reaches 367; around 11 percent in 6 trading sessions

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