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