Buy ONGC. The frustrating sideways movement in ONGC , indicates the completion of corrective Wave 4.
Its still traded at Weekly rising 20 EMA indicating uptrend to continue and more powerful moves ahead.
Break out above 120 would confirm the completion of wave 4. The target would be around 140. The SL would be 116.
Its still traded at Weekly rising 20 EMA indicating uptrend to continue and more powerful moves ahead.
Break out above 120 would confirm the completion of wave 4. The target would be around 140. The SL would be 116.