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8 Feb 2009

National Stock Exchange Share Trading Tips | ONGC | 09 -13 Feb

1. ONGC is trying hard to move towards its next barrier near Rs 736 and thus one can turn positive on the stock when it moves above this level. Stock has support near Rs 642 - Rs 616 in few coming days.

2. Stock will remain with a negative bias till the time it does not close above the level of Rs 750 and as and when that happen stock will touch the level of Rs 800.

3. As a short term trader one has to exercise caution while day trading in the said stock.

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