avlnrao63

ONGC CMP 112.35. cup and handle pattern

Long
NSE:ONGC   OIL & NATURAL GAS
ONGC-CMP 112.35. It formed cup and handle pattern it can be bought in the range of 112 to 108 with a sl of 104 for a target of 117, 125.5, 131++. This is for educational purpose and consult financial adviser before any trade
Comment: It made a high of 146.25 a rise of 34 points on 30.9.21, which is around 30% in a span of 4 months. Still looks good. Can continue with rising SL of 136 on closing basis.
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