ONGC has reached to the 100 percent retracement levels and there is is no major support . As soon as the chart gives strong signals we could go long on ongc. The rsi is also travelling at 15. This gives us a clear signal that it is oversold.
target 1 - 147
target 2- 153
stoploss - 139
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian