shikhagupta2589

Long ONGC Positional trade

Long
NSE:ONGC   OIL & NATURAL GAS
Hi Traders,

ONGC can be entered between 67.45 and 68.50. The stop loss is bare minimum, and the profit range is pretty high. We can see the targets being achieved in a month or two. It is a positional trade. The long term strategy traders can go further beyond the targets.

Buy on dips at following entry prices:
Entry: 68.50, 68, 67.50
SL: 66
Target: 82.15

Profit around: 21%
Maximum span: 2 months.

Comments

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