ONGC to continue up trend journey

٢٣ نوفمبر ٢٠١٦

ONGC has been continued to uptrend it has retested the fibo 23% level multiple times but unable to trend reversal. It is technically looking strong enough to continue up trend, we may see further upside movement up to the target of 293 as first target and wait for breakout if it breaks then go further long. alternatively if it breaks 271 downside then it will head to next support around 255.