ONGC - Breakout
After an infinite number of tries ONGC has finally broken out..
It broken out after a nice consolidation in a high price range.
Had already shared a long above 173...but Hold that long and keep a stoploss around 160. At these elevated crude levels the company is going to be making a windfall both in Oil and soon in the natural gas segment too.
It broken out after a nice consolidation in a high price range.
Had already shared a long above 173...but Hold that long and keep a stoploss around 160. At these elevated crude levels the company is going to be making a windfall both in Oil and soon in the natural gas segment too.
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