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Ongc has made a Bearish engulfing pattern. at 2006-01-05 09:08:32
Ongc has made a "bearish engulfing" pattern and now i feel that it might correct and if ONGC corrects then the whole market specially derivative stocks will correct which will eventually bring down the nifty from its higher levels. This is getting more clear as the days move on. ONGC will bring down the market as it has 18% weightage on Nifty. The b Source - http://investsmart.blogspot.com/2005/12/ongc-has-made-bearish-engulfing.html
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