Thataghata

ONGC - Update

Long
Thataghata Updated   
NSE:ONGC   OIL & NATURAL GAS
#ONGC :

- Multiyear Trend Line Broken / Golden Crossover (50/100 Ema) - Forming on Weekly Chart

- Moving in a Parallel Channel of Resistance & Support

- New 52 Wk High Formed - Possible Pull Back into the channel b/w 135-140 Zone towards 120's Zone before moving towards 150 Zone

Fundamentals looks strong: Higher Gas Price Realization & Higher Crude Oil Price Realization.

**Analysis Only & Not a Recommendation

Order cancelled:
Analysis of Pull Back Failed
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