nextgen
Short

Sell ONGC, approaching channel support

NSE:ONGC   OIL & NATURAL GAS
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3
ONGC has been trading in uptrend respecting support and resistance , it has already touched the uptrend channel resistance and approaching channel support. Traders may go short with a target of 290-292 in near term.

Comments

Well Spotted, It truly came out as a crucial selling point. Great work, keep it up. Regards
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nextgen NeeteshJain
@NeeteshJain, neetesh ji, is there any mistake in chart or its a gap down.
Reply
@nextgen, It is an actual big gap down. Regards
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yossarian121 NeeteshJain
@NeeteshJain, There was a split on the stock. it was actually higher yesterday
Reply
NeeteshJain yossarian121
@yossarian121, It was due to ex-bonus provided to shareholder. Regards
Reply
NeeteshJain yossarian121
@yossarian121, Yes, you're right, it was just a spilt and not the gap down. Thanks for sharing. Regards
Reply
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