ONGC - Breakout
After an infinite number of tries ONGC has finally broken out..
It broken out after a nice consolidation in a high price range.
Had already shared a long above 173...but Hold that long and keep a stoploss around 160. At these elevated crude levels the company is going to be making a windfall both in Oil and soon in the natural gas segment too.
It broken out after a nice consolidation in a high price range.
Had already shared a long above 173...but Hold that long and keep a stoploss around 160. At these elevated crude levels the company is going to be making a windfall both in Oil and soon in the natural gas segment too.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.