OIL AND NATURAL GAS CORP.
Long
Updated

ONGC/ USOIL ratio - Buy ONGC

81
The ratio has been one way down. What it means is that while oil price is roughly where it was ONGC price has crashed and become totally disconnected from fundamentals. Stock looks cheap if insanity were to subside
Trade closed manually
Good move in the stock since the post. Close at tmw's open

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