indiamarketoutlook

ONGC: Opportunity for re-entry

Long
NSE:ONGC   OIL & NATURAL GAS
ONGC

Last time we gave a target of 128 / 136


The stock did an exact 128 and has now retraced to 120 odd levels.

As observed in the chart, at current price, the stock provides another opportunity to enter.

Target 136

Pattern gets invalidated if closes below 114

Take care & safe trading...!!!


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