Inverted H&S - ONGC

Updated
ONGC - One can go long for the target of 165 & 168. SL- 160.
Interestingly It had bounced from textbook level of 61.8% fib level on daily charts.
Trade active
Note
Target 1 done
Trade closed: stop reached
Oil prices impacted big dent in ONGC movement. Can exist now.
Chart Patterns

Disclaimer