minchu

Buying opportunity in ONGC

Long
minchu Updated   
NSE:ONGC   OIL & NATURAL GAS
ONGC has bounced from strong support zone around 175. The money flow index indicates some bullishness in the stock. We can expect it to move towards 200 in short term. Any close below 172 might take it next support zone around 156. One can buy now with a strict stoploss of 172 with T1- 194, T2-210.
Trade closed: stop reached
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