ONGC
has been trading near the long time support level of 150 to 160 for almost a month and last week it broke the resistance level of 164.
Looking at the Support & Resistance one can sell September series 155 PE at Rs 1.3 & 175 CE at 0.40.
Looking at the Support & Resistance one can sell September series 155 PE at Rs 1.3 & 175 CE at 0.40.