ONGC : FALLING WEDGE (LONG)
ONGC: CMP 112.95
TREND 1: FALLING WEDGE (TIME FRAME 1 MONTH)
TREND 2: CUP AND HANDLE PATTERN (TIME FRAME 1DAY)
TRADE SUGGESTION
ACCUMULATE STOCK AT 107-96 LEVEL
TARGET 136-160++
STOP LOSS 87 (MAJOR SUPPORT LEVEL)
UPSIDE POTENTIAL TILL 200++ POSSIBLE
HOLDING PERIOD 2-3 MONTHS
#BULLISH STOCK
TREND 1: FALLING WEDGE (TIME FRAME 1 MONTH)
TREND 2: CUP AND HANDLE PATTERN (TIME FRAME 1DAY)
TRADE SUGGESTION
ACCUMULATE STOCK AT 107-96 LEVEL
TARGET 136-160++
STOP LOSS 87 (MAJOR SUPPORT LEVEL)
UPSIDE POTENTIAL TILL 200++ POSSIBLE
HOLDING PERIOD 2-3 MONTHS
#BULLISH STOCK
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