IIT-Trader

ONGC-- Reversal or Up side??

Short
NSE:ONGC   OIL & NATURAL GAS
ONGC--Observations:
---->> Price reached the strong Resistance at 165-167 zone.
------->>previous strong sell off happens here, after a long time it is testing Supply zone again.
------>> Strong fall and weakness in buyers is observed.
-------->> Look for sell side opportunity or buy on breakout of this zone.

**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.