ONGC trading cheap vs crude, fair value close to 230-240 @ current crude levels. P/BV @ almost 1.0.
Dividend yield of 3.4%
Dividend yield of 3.4%
Trade closed manually
Close long trade at open. Stock not responding to Oil strengthNote
Longs closed at right time. Stock getting hammered in spite of crude rallying
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.