2. ONGC is having a dream run at BSe and NSE and has given a break out with volume on the positve side and bulls have taken charge in the stock. One can use the downtrend in stock to accumulate the stock near the levels of Rs 1080-1090. The stock can target levels of Rs 1200 in short term. However do remember to apply a stop loss of Rs 1035 to the stock to keep the losses trimmed.
Click Here to Get Free Reliance and ONGC tips in Email for day trading