Next leg in ONGC can take it to INR300
ONGC was seen correcting 38.2% of its prior leg up and looks good from current level to go long.
The correction was an FLAT(3-3-5)(ABC).
The stock is currently in wave iv of III of 3 and had multiple legs pending to the upside.
The leg being anticipated would be the wave v of III of 3.
INR 300 is the expected target level for the stock.
INR 250 remains a crucial support moving ahead.
The correction was an FLAT(3-3-5)(ABC).
The stock is currently in wave iv of III of 3 and had multiple legs pending to the upside.
The leg being anticipated would be the wave v of III of 3.
INR 300 is the expected target level for the stock.
INR 250 remains a crucial support moving ahead.
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