PranamGhagare

ONGC - 15MIN - The Perfect Bear Flag Formation ?

Corto
PranamGhagare Actualizado   
NSE:ONGC   OIL & NATURAL GAS
ONGC is in a small correction phase on the 15min chart. The stock has created a clear bear flag formation which can break to the downside. Shorts can be initiated after the levels of 133.75 have been broken.
Target 1 - 132.75
Target 2 - 130.80
Target 3 - 127.95

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No trade, gap down open

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