indiamarketoutlook
Long

ONGC: Game on...Bullish set up...

NSE:ONGC   OIL & NATURAL GAS
ONGC            

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

https://in.tradingview.com/chart/ONGC/TPTJLrQh-ONGC-enters-accumulation-zone/

For last 2 days the stock has defended 158 on closing basis &

Candlestick pattern at important support level suggests reversal is round the corner...

Game on...

Take care & safe trading...!!!
Trade active
Trade closed manually: ONGC
made a high of 163
but
still not looking convincing

closing trade manually....
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