ONGC – BEARISH ENGULFING IS WITNESSED. RECENT PRICE RISE IS SEEN, VOLUME IS REASONABLE. SHORT POSITION CAN BE CREATED HERE IF THE PRICE BREAKS BELOW LOW OF TODAY WITH STOPLOSS AT HIGH OF TODAY AND TARGET EQUAL TO THE RISK TAKEN
ONGC – BEARISH ENGULFING IS WITNESSED. RECENT PRICE RISE IS SEEN, VOLUME IS REASONABLE. SHORT POSITION CAN BE CREATED HERE IF THE PRICE BREAKS BELOW LOW OF TODAY WITH STOPLOSS AT HIGH OF TODAY AND TARGET EQUAL TO THE RISK TAKEN