{"id":307790,"date":"2019-12-30T12:01:57","date_gmt":"2019-12-30T06:31:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=307790"},"modified":"2019-12-30T12:10:24","modified_gmt":"2019-12-30T06:40:24","slug":"go-long-on-ongc-futures","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/go-long-on-ongc-futures\/","title":{"rendered":"Go long on ONGC futures"},"content":{"rendered":"<p>The long-term outlook for Oil and Natural Gas Corporation (Rs 128.3) remains negative. However, in the short-term, it may remain positive. The stock has major support at Rs 117 and a close below that level alone can change the short-term outlook to negative. On the other hand, it finds an immediate resistance at Rs 132 and a major one at Rs 144. A close above the latter could also change the medium-term outlook to positive. Only a close above Rs 180 would change the long-term outlook to positive for ONGC. <\/p>\n<p>Having breached several resistance levels, ONGC may move sideways, before charting a rally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The long-term outlook for Oil and Natural Gas Corporation (Rs 128.3) remains negative. However, in the short-term, it may remain positive. The stock has major support at Rs 117 and a close below that level alone can change the short-term outlook to negative. On the other hand, it finds an immediate resistance at Rs 132 and a major one at Rs 144. A close above the latter could also change the medium-term outlook to positive. Only a close above Rs 180 would change the long-term outlook to positive for ONGC. Having breached several resistance levels, ONGC may move sideways, before [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-307790","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=307790"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307790\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=307790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=307790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=307790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}