As mentioned in charts, Aiming if swing retraces back as anticipated and bearish momentum continues::
Short - TP = 410, 405, 390, 388 and beyond (if breakdown)
Take SL as per risk appetite
The retracement also derives strength from %William also showing downtrend and also from bearish MACD crossover..
NOTE: The company appears good from fundamental prospects so aim for long if bullish momentum continues thereon after reversal from bearish support..
www.screener.in/comp...OIRLTY/consolidated/
Short - TP = 410, 405, 390, 388 and beyond (if breakdown)
Take SL as per risk appetite
The retracement also derives strength from %William also showing downtrend and also from bearish MACD crossover..
NOTE: The company appears good from fundamental prospects so aim for long if bullish momentum continues thereon after reversal from bearish support..
www.screener.in/comp...OIRLTY/consolidated/