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Technical Analysis for ONGC (Long)

Long
OIL & NATURAL GAS (NSE:ONGC)  
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NSE:ONGC   OIL & NATURAL GAS
Trend Analysis Chart Patterns Technical Indicators ongcbuy tecnicalanalysis niftytrend
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trendanalysis chartpattern indicator ongcbuy tecnicalanalysis niftytrend
On the daily time frame the stock broke out the down trend line with a good volume and is now waiting for a retest on the weekly chart for an uptrend. Since the stock just crossed the 200 EMA on the weekly chart there is a possibility on the upside.
Can go for long.
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