Are you still bullish on ONGC? If yes what is the stoploss?
Satya1802
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@anushrigattani, As per my trendline calculations It looks bullish , Stop loss should be below 110 and target will be 140
SK_tron
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hey brother, how is it looking now? think it will hit 140 this month?
Satya1802
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@SK_tron,there is strong support at 118 , as long as its above 118 it will return back and reach the target , there will be corrections after every pull up, ONGC is slow moving. Hopefully this time it will hit the target of 140 in next 10 days.
SK_tron
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@joddabge, oh what if nifty is bearish and nifty energy also seems to be reversing, what do you think?
Satya1802
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@SK_tron, looking at todays scenario its advisable to exit , long positions can hold