ONGC

Buy with stop 988, target 1250

ONGC

Break of 926 and sustaining above it should take ONGC to 940. Once 940 is breached, further upsides will open towards 949-967-976 levels. Buy above 926 with stops 918 and once 940 is breached, raise stops to 930 and sit back and enjoy !

Updates

Bajaj Auto target of 2700+ achieved !
Bilcare high of 818, just short of target of 825 ;)
GE shipping hit a high of 267 !
CMC hit a low of 1086
Britannia achieved a high of 1620 !
CS Soft achieved a high of 69.90, against target given of 71
Indo Matsushita achieved high of 121 ... call still in progress !
Gail achieved a high of 319, before bad results made it tank !
TCS disappoints ... keep it on your radar though as it would be making a move in the near term.
ONGC achieved a high of 990 before reversing ... still holding above the EOD stops given.

Hope everyone made good money !

Updates

Bilcare hit 775 intraday but failed to close above 760 ... looking good to the next leg of the upmove;
CMC hit a low of 1121, closing at 1131 eventually. Below 1110, 1075-1050-1030 ... eventually 905 ;)
ONGC, as suggested, has been flexing its muscles and should continue to run for now. 978 achieved intraday today, with more to go.

Positional Buy -- ONGC

Looks like its time this heavyweight flexed its muscles too ... while others have been having their day out in the sun ! So buy ONGC with EOD stops of 880 for a target on 1080 ;)

ONGC

One of the few frontliners to be showing strength, ONGC broke above its resistance at 895 and after hitting an intraday high of 908 on friday, it closed the week above 895. It achieved the targets given earlier on 25th Dec in the process. This has opened the upsides for the scrip and we should see it target 940 once it clears the 915 levels, with an eventual target of 980, with stops placed at 860.

ONGC

A triangle has formed and a break on either side is expected in the next 2-3 trading sessions. Below 840, it can fall to 805 levels. A break on the upside would target 885-900. Trade accordingly.