Right now, Brent Oil Futures are, well consolidating but when brent runs, ONGC is ready to touch at least 125 for the starters.
Let’s see, I am a little biased because of few calls I am holding but overall pattern looks quite convincing, remember, yea stock bahut frustrate karata hai.. Writing a Put or a call is much better than just buying a call or a put.. Bears are very very active in this stock; no reason makes sense.
*This is a view from a newbie trader. Please do not take this as a trading advise. Do trade your hard-earned money on recommendation of a registered stock market expert.