ONGC - Update
Updated
#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
- 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 FailedDisclaimer
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