 "Trading strategy")
SRF
LTP : Rs 1302.65
Action : BUY on dips
Targets : Rs 1323 / Rs 1345
Stop-loss : Rs 1276
Comment : The momentum indicators are reversing from the oversold region. MACD is about to cross the signal line. Volume above 10 day average.
Oriental Bank
LTP : Rs 83.7
Action : SELL on rise to Rs 84.4
Targets : Rs 82.4 / Rs 81
Stop-loss : Rs 86
Comment : The momentum indicators are giving neutral signals. MACD is below the zero line. Volumes have have eased indicating less conviction.
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