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Moneycontrol >> Messageboard >> Stocks >> Oil and Natural Gas Corporation
   You are here :     Moneycontrol     MMB   Stocks   Oil and Natural Gas Corporation

Oil and Natural Gas Corporation

Belongs to: Oil Drilling And Exploration
BSE: 500312
NSE: ONGC
690.60  -28.3 (-3.94)
Volume: 1936344
What is your trading strategy on ONGC?
  Buy     Sell     Hold     
Buy
 76%
Sell
 19%
Hold
 5%
Total no. of Votes : 84  
Buy, Sell or Hold? 140 comments
9 positive opinions
5 boarder queries
204 boarder tracking
Peer stocks in Oil Drilling And Exploration sector
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07 Jan 2009 18:22

crude firming

Posted by : vkk43
Price when posted : BSE: Rs 690.20 ( -4.10 % ), NSE: Rs. 690.60 ( -3.94 % )
View full thread (2 messages)

Tracked by: 0 Boarder

Better to wait for its support around 605/-...

In reply to:

crude firming

Posted by : vkeykey

With firming in crude prices, better for ONGC shares.

07 Jan 2009 15:29

ONGC moves down

Posted by : vkk43
Price when posted : BSE: Rs 687.00 ( -4.54 % ), NSE: Rs. 691.75 ( -3.78 % )
View full thread (16 messages)

Tracked by: 0 Boarder

In view of present weakness in the market, please wait....

In reply to:

ONGC moves down

Posted by : ABH!

Dear vkk43,

what will be the proper level for entering this stock.

07 Jan 2009 10:22

NSE Announcements on ONGC

Posted by : MMB Messenger
Price when posted : [ONGC - BSE:Rs. 725.50 NSE:Rs. 724.25 when posted]
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Tracked by: 0 Boarder

Oil & Natural Gas Corpn Ltd has informed the Exchange that: "Oil Sector Officers Association, including Officers of Oil And Natural Gas Corporation Limited under the aegis of Association at Scientific & Technical Officers (ASTO) have given a call to proceed on strike effective 0600 hours on 7th January, 2009. The management has however made contingency plans to the effect that the operations including production of crude oil and gas are not adversely affected. Simultaneously efforts are continuing for resolution of the issues for averting the strike"....

07 Jan 2009 10:12

BSE Announcements on ONGC

Posted by : MMB Messenger
Price when posted : [ONGC - BSE:Rs. 724.00 NSE:Rs. 724.25 when posted]
View full thread (1 messages)

Tracked by: 0 Boarder

Oil & Natural Gas Corporation Ltd (ONGC) has informed BSE that Oil Sector Officers Association, including Officers of Oil And Natural Gas Corporation Ltd under the aegis of Association of Scientific & Technical Officers (ASTO) have given a call to proceed on strike effective 0600 hours on January 07, 2009. The management has however made contingency plans to the effect that the operations including production of crude oil and gas are not adversely affected. Simultaneously efforts are continuing for resolution of the issues for averting the strike....

07 Jan 2009 09:17

ONGC moves down

Posted by : ABH!
Price when posted : BSE: Rs 719.70 ( -0.56 % ), NSE: Rs. 718.90 ( -0.88 % )
View full thread (16 messages)

Tracked by: 0 Boarder

Dear vkk43,

what will be the proper level for entering this stock....

In reply to:

ONGC moves down

Posted by : vkk43

Advisable to book profits above 765/-.

06 Jan 2009 22:22

crude firming

Posted by : vkeykey
Price when posted : BSE: Rs 719.70 ( -0.56 % ), NSE: Rs. 718.90 ( -0.88 % )
View full thread (2 messages)

Tracked by: 0 Boarder

With firming in crude prices, better for ONGC shares....

06 Jan 2009 18:41

ONGC moves down

Posted by : ramanvicky
Price when posted : BSE: Rs 719.70 ( -0.56 % ), NSE: Rs. 718.90 ( -0.88 % )
View full thread (16 messages)

Tracked by: 0 Boarder

thanks, hope will touch new heights soon...

In reply to:

ONGC moves down

Posted by : yagneshjp

Don`t short now as crude oil is @ USD 50/barrel

06 Jan 2009 13:16

BSE Announcements on ONGC

Posted by : MMB Messenger
Price when posted : [ONGC - BSE:Rs. 722.50 NSE:Rs. 723.00 when posted]
View full thread (1 messages)

Tracked by: 0 Boarder

Oil & Natural Gas Corporation Ltd (ONGC) has informed BSE that a meeting of the Board of Directors of the Company will be held on January 28, 2009, inter alia, to consider and approve the Un-audited Financial Results, for the quarter ended December 31, 2008 (Q3)....

06 Jan 2009 10:25

ONGC moves down

Posted by : vkk43
Price when posted : BSE: Rs 718.00 ( -0.79 % ), NSE: Rs. 718.50 ( -0.93 % )
View full thread (16 messages)

Tracked by: 0 Boarder

Advisable to book profits above 765/-....

In reply to:

ONGC moves down

Posted by : yagneshjp

Don`t short now as crude oil is @ USD 50/barrel

06 Jan 2009 09:59

ONGC moves down

Posted by : yagneshjp
Price when posted : BSE: Rs 710.85 ( 4.53 % ), NSE: Rs. 727.00 ( 0.24 % )
View full thread (16 messages)

Tracked by: 0 Boarder

Don`t short now as crude oil is @ USD 50/barrel...

In reply to:

ONGC moves down

Posted by : ramanvicky

thanks it has already crossed 725 hope will soon break the next target of 765

05 Jan 2009 16:17

ONGC moves down

Posted by : ramanvicky
Price when posted : BSE: Rs 723.75 ( 6.43 % ), NSE: Rs. 725.25 ( 6.61 % )
View full thread (16 messages)

Tracked by: 0 Boarder

thanks it has already crossed 725 hope will soon break the next target of 765...

In reply to:

ONGC moves down

Posted by : vkk43

Undertone is steady and its resistance is now at 755/- to 765 only.

05 Jan 2009 16:02

ONGC moves down

Posted by : vkk43
Price when posted : BSE: Rs 723.75 ( 6.43 % ), NSE: Rs. 725.25 ( 6.61 % )
View full thread (16 messages)

Tracked by: 0 Boarder

Thanks for your predictions....

In reply to:

ONGC moves down

Posted by : iambindas

I think it will cross 765 and will get resistance at 779.

05 Jan 2009 15:44

ONGC moves down

Posted by : iambindas
Price when posted : BSE: Rs 731.00 ( 7.49 % ), NSE: Rs. 735.00 ( 8.04 % )
View full thread (16 messages)

Tracked by: 0 Boarder

I think it will cross 765 and will get resistance at 779.
...

In reply to:

ONGC moves down

Posted by : vkk43

Undertone is steady and its resistance is now at 755/- to 765 only.

05 Jan 2009 15:40

ONGC moves down

Posted by : vkk43
Price when posted : BSE: Rs 731.00 ( 7.49 % ), NSE: Rs. 735.00 ( 8.04 % )
View full thread (16 messages)

Tracked by: 0 Boarder

Undertone is steady and its resistance is now at 755/- to 765 only....

In reply to:

ONGC moves down

Posted by : ramanvicky

Dear vkk43 as crude is around 47 dollars what should be the strategy for ongc now, as it is expected to cross next hurdle of 725.

05 Jan 2009 13:48

Ongc down target=490....

Posted by : ramanvicky
Price when posted : BSE: Rs 705.70 ( 3.77 % ), NSE: Rs. 709.20 ( 4.25 % )
View full thread (45 messages)

Tracked by: 3 Boarders

Dear marketman I want you to comment on the future prospects of ONGC in the short term as crude has surged to above 47 dollars. I am holding future since oct. 2008 at a very high price....

In reply to:

Ongc down target=490....

Posted by : marketman

Dear novice,atleast you do not have diffeent opinion on the target mentioned.... when people give upward targets,they give extra bullish views.... similarly in the projected down targets,they reason all the posible difficulties with some extra paint....

Regarding ongc stock,it is purely a crude price follower.... now crude has been falling to lower levels.... naturally profits get disturbed and there is a chance of making losses if crude falls further.... ongc should announce the extracting charges of crude per barrel with the present overheads.... pl note that existing cash reserves are being utilised for getting oilreserves/acquiring overseas firms....

As few other boarders feel it is better to preserve country`s crude reserves for future oil economics.... i i were the policy maker,i would start accumulating the oil stock for next five years at lower prices.... if there is no provision for keeping that much stock in safe,it is better for govt to buy crude futures through state run companies/banks on further declines....

Many boarders may not like me here,but i do not hate anybody here,in the same time i like many boarders here,you are just one of them.... wish you good luck....

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