ONGC - Breakout after monthly expiry.

A sleeping giant that could now finally move with Crude making newer highs..
I dont think it will go above 120-123 till this month's expiry because of the call writing done at 120 levels..

But if crude can sustain a massive short covering rally can happen here going ahead once it stabilizes above 120.

Watch for this to be one of the stocks for next month...