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Inverted H&S - ONGC

Long
OIL AND NATURAL GAS CORPORATIO (BSE:ONGC)  
Trade-Wealth Updated   
BSE:ONGC   OIL AND NATURAL GAS CORPORATIO
Chart Patterns
9
8
chartpattern
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
Comment:
Target 1 done
Trade closed: stop reached:
Oil prices impacted big dent in ONGC movement. Can exist now.
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