padiyara

ONGC:160 A Bullish Harami at Double bottom support.Res:₹170

Long
padiyara Updated   
NSE:ONGC   OIL & NATURAL GAS
ONGC:₹160 A Harami cross & a Bullish Harami at Double bottom support.
Res:₹170_₹178 & ₹190 Stop:₹156

Definitely an undervalued stock. Board approved the Acquisition plan of HPCL.
The last quarter numbers were slightly less both sales & profit.
Comment:
ONGC at RSI support, price can move any time now
Comment:
yesss
Comment:
ONGC Reached its first resistance, the next res: is at 178
Comment:
Dark Cloud cover at resistance level, shows the difficulty in moving higher.
Trade active:
Comment:
welcomes you all
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