Buy ONGC for the target prices of Rs 345.5/348.50/Higher with a stop loss of Rs 336.5: ICICIDirect

Last Updated: Thu, Jan 31, 2013 04:28 hrs

We said, "lows are testing lower White channels ... Watch the channels ..." Index traded in a smaller range holding the channel, and finished flat, only 14 pts higher. While the Realty/Oil&Gas indexes gained about 1%, Capital Goods Index lost about 1%. The A/D ratio remained negative, though only marginally.


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