ONGC- Price Action Analysis
ONGC already has nearest to their supply zone (143 - 145) and has activated Harmonic BAT pattern with the level of 0.886.BUY : Buying only applicable if price will cross above 145 level and sustains to close on daily basis with high volumes and good momentum.
SELL : If any rejection at 143 -145 , might activate Sellers for selling up to 128 -131 and breaking this zone creates tremendous sell off till 115.
NOTE : Safe trader can buy above 145 or wait till if price comes at 128 -131 and creates reversal confirmation candle.
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