dravya

ONGC - DAILY CHART

Short
NSE:ONGC   OIL & NATURAL GAS
A possible short for this week, if it breaks the blue line .

Take positions according to strategy and risk tolerance.

Don't blindly follow the lines, support resistance, etc. Do due diligence.

Might as well take support.

Let's see how it behaves.
Comment: Down 1.27% . Has breached the blue line.
Comment: Below the line but stable.
Comment: Watch out how it behaves now. A 3-4 rs opportunity may arise on either side.

Upwards till the trendline and downwards till the big candle's low.

Enter if any clear signals are given.