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Auroma
May 2, 2021 5:48 PM

ONGC - CMP: 108 Ready yo break consolidation Zone Long

OIL & NATURAL GASNSE

Description

Accumulation is going on since many days, And It is now ready to break the price range. Stock is moving in a channel and has taken lower trend line support. Increasing in delivery volume also indicated positive movement ahead. RSI also moved from the oversold zone. We can expect price movement till 123 in the near term.
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