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DSKF16
Jun 7, 2017 4:55 AM

ONGC Favourable RISK REWARD Ratio Long

OIL & NATURAL GASNSE

Description

ONGC: @ 172.5

Favourable RISK REWARD Ratio.

RSI Positive Divergence witnessed
Risk Reward Ratio 1: 3.5+
Trading at Lower Band of short term Parallel Channel.

LONG for Intraday / Swing / Positional:

TGTs: @ 173.8, @ 174.5, @ 175.2, @ 176.2

More Accumulation Levels: @ 170.65, @ 169.8

SL: @ 169- (by Closing)

Study Purpose Only.
Consult Broker / Financial Advisor Before taking Trade Decision.

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Trade active

UPDATE
ONGC: @ 173.7
Made a HIGH @ 174
Achieved TGT #1 @ 173.8
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