Technical Analysis for ONGC (Long)

On the daily time frame the stock broke out the down trend line with a good volume and is now waiting for a retest on the weekly chart for an uptrend. Since the stock just crossed the 200 EMA on the weekly chart there is a possibility on the upside.
Can go for long.
Chart PatternsTechnical IndicatorsniftytrendongcbuytecnicalanalysisTrend Analysis

Also on:

Disclaimer