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The_Rogue_Trader

ONGC took support at 50% Fib level

Long
OIL & NATURAL GAS (NSE:ONGC)  
The_Rogue_Trader  
NSE:ONGC   OIL & NATURAL GAS
Trend Analysis Chart Patterns Support and Resistance
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trendanalysis chartpattern supportandresistance
ONGC has taken support at 50% Fib zones and bouncing back to next fib levels.
111.25 is one of the strongest resistance for ONGC if it manages to close above
this level bullishly with volume we may target for 115.5 to 116 levels for short term.
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