ONGC can test Rs 280: Sukhani

ONGC can test Rs 280, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "In ONGC there is some buying possible because essentially it is in a trading range. At this point it can go and hit Rs 280 which would be the upper side of its range. The real strength will come if it breaks Rs 280. If that happens, you keep on adding positions but even now there is some movement to Rs 280 which is tradable on the long side and it should participate in the rally if we see one."
He further added, "Hathway Cable is a position trade and a target of Rs 180 which is almost 30-40% form here."