Buy Oriental Bank of Commerce for the target prices of Rs 346.50/349.50/Higher with a stop loss of Rs 337.5: ICICIDirect

Last Updated: Mon, Dec 03, 2012 04:28 hrs

We said, "market is into next upward impulse. Dips holding 19137 would continue the up-trend." Index opened gap-up. The initial 138 pt dip to 19186 held well above 19137 level. Surging later as a result, Index finished 169 pts or 0.8% higher. Metal Index led with 2% gain, and A/D ratio continued to be positive, at nearly 2:1.


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