ONGC : Target and Stoploss for Monday

Dear friends, just drawn a trend line for ONGC. The stoploss should be 129.80 and the target should be 134 or above. The Windfall tax has been reduced and you already know that the level of 130 is supporting well. Hence, reducing the cess will impact and it may get a upthrust from this level.
Chart Patternsnifty50ONGCTrend Analysis

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