Next leg in ONGC can take it to INR300
ONGC was seen correcting 38.2% of its prior leg up and looks good from current level to go long.
The correction was an FLAT(3-3-5)(ABC).
The stock is currently in wave iv of III of 3 and had multiple legs pending to the upside.
The leg being anticipated would be the wave v of III of 3.
INR 300 is the expected target level for the stock.
INR 250 remains a crucial support moving ahead.
The correction was an FLAT(3-3-5)(ABC).
The stock is currently in wave iv of III of 3 and had multiple legs pending to the upside.
The leg being anticipated would be the wave v of III of 3.
INR 300 is the expected target level for the stock.
INR 250 remains a crucial support moving ahead.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.