OIL AND NATURAL GAS CORP.Panjang
Oil & Natural Gas India is in uptrend to 272
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Daily chart, the stock has formed 2 patterns, rising channel and cup & handle. The first target is 230.9 and the second is 272.2 (on the weekly chart)
The technical indicator RSI is at the over-bought area, and it means some correction is due, before going up.
Stop loss at 205 - 200 to be considered.
The technical indicator RSI is at the over-bought area, and it means some correction is due, before going up.
Stop loss at 205 - 200 to be considered.
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Penafian
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