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LKP Spade, Weekly Pick - Buy Oil and Natural Gas Corporation Ltd For Target Rs.180 - LKP Securities
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Oil and Natural Gas Corporation
* On the weekly timeframe the stock price has been in a steady upward move with a higher top higher bottom formation.
* Price has been comfortably trading above 50EMA on the daily timeframe indicating a ongoing positive trend in the stock.
* Weekly RSI is in bullish crossover and rising.
Buy Oil and Natural Gas Ltd BUY @ Rs. 165.5-167 Stop Loss Below Rs. 159.8 CB Target Rs. 180 Duration 1 Week
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