OIL AND NATURAL GAS CORP.
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ONGC - DAILY CHART

A possible short for this week, if it breaks the blue line .

Take positions according to strategy and risk tolerance.

Don't blindly follow the lines, support resistance, etc. Do due diligence.

Might as well take support.

Let's see how it behaves.
Nota
Down 1.27% . Has breached the blue line.
Nota
Below the line but stable.
Nota
Watch out how it behaves now. A 3-4 rs opportunity may arise on either side.

Upwards till the trendline and downwards till the big candle's low.

Enter if any clear signals are given.

Penafian