ONGC completing Wave 4..Upside 93

ONGC on he completion of Wave 4. Good confluence of moving average (specially EMA 20 and EMA 50) around the current price. Expecting a major move of Wave 5 extending upto he high of Wave 3 .....around 93 zone which also happens to be 200 EMA which may act as resistance.
Double Top or BottomMoving AveragesWave Analysis

Declinazione di responsabilità