DSKF16
Long

ONGC: Go for Duality, Regular DIV. Income with Increasing Asset

NSE:ONGC   OIL & NATURAL GAS
All mentioned on chart.
Changed status after taking control of "HPCL"
Today ONGC is Downstream + Upstream company.
Result impact Neutralized.
(Creating due to international Crude OIL price movement)

LONG: @ 164.15 (LTP at 11.08 am)

More Accumulate: @ 161.3 - @ 155.

NO SL for Short / Medium / LONG term investor.
DIV Yield near SAVINGS Bank A/C

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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor
Trade active: ONGC: LTP @ 162.9 (at 11.45 am)
Go LONG for Intraday / Swing TGT @ 169.80 +
more intraday / Swing levels on Image

Comment: ONGC : LTP @ 164.55 (at 2.42pm)
0.45 away from day OPEN = HIGH
Entry provided @ 162.90
Comment: ONGC : LTP @ 165.15 (at 3.20 pm)
+1.35% (as of now) in lack luster bear controlled market.
Comment: ONGC : LTP @ 167.8 (at 9.37am)
Achieved all Swing level (mentioned in Snapshot)
Entry provided @ 162.90
Comment: ONGC : LTP @ 169.5 (at 2.02 pm)
Achieved all Swing level (mentioned in Snapshot)
Final was @ 169.8
Entry provided @ 162.90

@ 170.20 Looks Strong intra RES.
If crossed @ 171.90 will be NEXT Hurdle.
ONGC looks weak to go down gradually...... Whats your view?
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OKAY GREAT, SO TIME TO SHIFT INTO REVERSE GEAR ?
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