Saturday, December 20, 2008

>ONGC Technical analysis

ONGC ,Has not participated in this rally yet considerably.Last week
of december may see some rally in this stock.

Chart wise the stock looks good for a rally towards 800 levels.
Any dips in this stock should be a buying opportunity provided
the stock remains above 660.

Trade idea could be
Buy in dips
stop loss 660
Target 780-800.

Read what brokerages houses research says about the stock
ONGC(INDIA BULLS)


RESEARCH REPORTS

1 comments:

A.K.Prabhakar said...

ONGC has dividend of Rs.18 and which make it a value buy

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