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Hold & carry positions until we do not advice exit.
Trade in February Contract
Lot Size: 2000 Shares
Span Margin: INR 55000/-
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3 thoughts on “Short Sell ONGC Future at CMP 213”
MAINTAIN SL ABOVE DAY HIGH IN FEB CONTRACT 221.50
DAY HIGH UNTIL NOW 221.15 ONLY
Did not made new High above 221.15 Until now.
Cancel Stop Loss Order. Wait for Fresh Levels.
Book Losses at CMP 215. Closed Positions with minor loss of 4000 per lot basis.
Technically ONGC is still weak but Crude can give strong bounce.
Therefore, better not to hold Sell Positions any more in any of OIL & GAS Stock.
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