On 13 June when ONGC was at 168, it was suggested that
- the stock is currently in down trend
Closer to 158-162 will be worth accumulating from risk:reward ratio perspective
Link to previous analysis
For last 2 days the stock has defended 158 on closing basis &
pattern at important suggests reversal is round the corner...
Take care & safe trading...!!!
made a high of 163
still not looking convincing
closing trade manually....