ONGC Trade setup

Hi friends,
                   Looking at ONGC chart ,It gives us a opportunity to trade long.
Lets look at the elliottwave counts on the chart.

If we see from the chart
we have seen a small
impulse followed by a big
abc correction.
Here we can hav e a smal
long in dip around 272-270
for a target of 283.
Above 283 the stock can
do very good ,For the time
being 283 would be the


target stoploss would be 265 ,Lets see how ongc performs.

Regards
Rish