Taking Rejection from a Strong Support Zone.
ONGC is Standing on Strong Support Zone. If this Support Zone Breaks Firstly, it Will Definitely Turn Bearish and Downtrend might Continue Secondly, it Multi-year Breakout Will Also Fail. But there are stronger Chances and Probability of ONGC Showing Reversal From this Point.
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.