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Ongc explained
Date 08/20/08 time 10.31 pm
Hi Gap,
If u have shorteed ongc it is not bad, what is bad is that u have shorted it at a price which will give u a lot of pain in the days ahead. I say this because the markets r likely to give a rally in the comig days this will be the pain u will ahve to go through. Eventually towards the end of this series u will get a sell signal and then u can join in again, But it is currently ruling at 1060 and i dont think u will be able to see a price of 1025 in the next two days, that is today and tomorrow.
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