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rdkriplani

ONGC - Break Out

Long
OIL & NATURAL GAS (NSE:ONGC)  
rdkriplani  
NSE:ONGC   OIL & NATURAL GAS
Trend Analysis
1
0
trendanalysis
As crude has broken out and following up on my previous idea of ONGC touching 74, ONGC could now move towards 83/84. (200EMA)
Long at current price with SL below 74. (Previous resistance has now become support)

Disc: I have some long positions in the same.
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