Madhav_8055

ONGC Bearish: will it goes with trend ?

Short
BSE:ONGC   OIL AND NATURAL GAS CORPORATIO
Weekly and monthly charts clearly shows a down trend with lower highs and lower lows, as far as 45 min charts are concerned clearly depicts a smaller green candles and upper wick rejections which confirm a bearish view.
Along with this as oil barrel price increased a short position can give u an opportunity to ooo profit..

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