rdkriplani

ONGC - Breakout after monthly expiry.

NSE:ONGC   OIL & NATURAL GAS
A sleeping giant that could now finally move with Crude making newer highs..
I dont think it will go above 120-123 till this month's expiry because of the call writing done at 120 levels..

But if crude can sustain a massive short covering rally can happen here going ahead once it stabilizes above 120.

Watch for this to be one of the stocks for next month...

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