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Sunandamedi

ONGC - WAIT FOR CLEAR SIGNAL.

OIL & NATURAL GAS (NSE:ONGC)  
Sunandamedi  
NSE:ONGC   OIL & NATURAL GAS
Technical Indicators
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ONGC IS AT THE STRONG SUPPORT OF 150. IT IS 36% FIB LEVEL.

CHIKOU IS ALSO TRYING TO CONFIRM THIS. ALSO, THE CLOSE FOR FRIDAY IS LOWER THAN THE DOJI OF PREVIOUS DAY.

ANY VIOLATION OF THIS LEVEL, WILL MAKE ONGC TO REACH 145 AND 140 LVLS.

A PULL BACK MAY TAKE THE PRICE TO 158 IN THE COMING DAYS.

WAIT FOR THE CLEAR DIRECTION.
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