ONGC primary trend has been down, its very clear from chart. Intrestingly we have now a rise from few days. today it hit the upper trendline resistance, also we can see a clearly label abc rise , now if we dont cross the trendline then expect a low below 155.
Sell ongc at 162-163, stop loss 165, target 150
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Pattern not behaving as expected close at cmp 161.20