Stock of the day : Oil and Natural Gas Corporation Ltd. For Target Rs.300 - Religare Broking
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Oil and Natural Gas Corporation Ltd.
* We are seeing strong action in the PSU basket and ONGC is expected to witness fresh upward momentum hereon.
* After a strong rally, stock has been witnessing price and time wise correction from last more than 2 months.
* Following price action and volumes activity, price looks set to register a breakout from the corrective phase and resume its prior trend.
* Traders can consider fresh longs in the mentioned range.
Buy Oil and Natural Gas Corporation Ltd.CMP 283.45 Range 283-285 SL 276???????; Target 300???????.
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SEBI Registration number is INZ000174330
