Technical – Conviction Delivery Idea: Buy Oil and Natural Gas Corporation Ltd for TARGET Rs. 302 by Motilal Oswal Wealth Mangement
Oil and Natural Gas Corporation Ltd

Buy Oil and Natural Gas Corporation Ltd CMP 279 SL 270 TARGET 302 DURATION 1 Week
(Mcap Rs. 3,51,870 Cr.)
* On the verge of Ascending Triangle Breakout.
* Sustaining above 20 DEMA.
* Surge in traded volumes.
* Making higher lows for last few weeks.
* We recommend to buy the stock at CMP Rs.279 with a SL of Rs.270 and a TGT of Rs.302.
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