Nooresh Merani, Head - Technical Research of AMSEC - Analyse India told CNBC-TV18, "In Oriental Bank of Commerce (OBC) technically we are seeing lot of base built-up at Rs 151. Any rise to Rs 180 is possible in the short-term and one should look to get out of the stock at Rs 180 or higher levels."
At 14:54 hrs Oriental Bank of Commerce was quoting at Rs 162.25, up Rs 1.50, or 0.93 percent.
The share touched its 52-week high Rs 367.50 and 52-week low Rs 121.40 on 10 December, 2012 and 29 August, 2013, respectively.
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