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Wednesday, January 11, 2006

OBC - Trading Call


Date: 10/01/2006 | Company Name: OBC | Call Type: Go Long
Stop Loss/ Reversal: 263.0000
Buy/Sell Price Rs.: 273.00
Current Price Rs.: 275.05
Potential P/L%: 0.7300
Target: 290-303
Remark:
Investment Argument: The stock has witnessed a break-out from a triangle forming wave "i" and wave "ii" is unfolding as a flat wave. The stock has a strong support at Rs268. Buy the stock with a stop loss of Rs263 for targets of Rs290 and Rs303.