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Short Federal Bank, OBC, says Sukhani

Short Federal Bank and Oriental Bank of Commerce, says Sudarshan Sukhani, s2analytics.com. After a very sharp rally OBC stalled. That stalling could have been a consolidation but it turned out to be distribution again. It tells us that the up trend in Orient Bank is over and it is now looking towards if not anything a sharp correction, he adds.

first published: Jan 12, 2013 12:22 pm

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