#ONGC closing 146.70 with the stoploss of 140 then targets are 152-160+.
Buying Reason.
1 -> Price again retrace at the lower Trendline.
2 -> Again the test the 200 EMA.
3 -> RSI is cross the 50.
4 -> ADX is also Move in Bullish.
5 -> Volume is also positive.
Buying Reason.
1 -> Price again retrace at the lower Trendline.
2 -> Again the test the 200 EMA.
3 -> RSI is cross the 50.
4 -> ADX is also Move in Bullish.
5 -> Volume is also positive.