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Sir I couldn't understand. New to these charts. Do you mean it will go down?
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swaroopthoppil jothi23muthu
@jothi23muthu, Hi, that's a trend line (Black line) and it was in a down trend and on 21st july, it gave a breakout from the trend line. So if ONGC take good support on the trend line , it may bounce back for a uptrend or if the price breaksdown the line, expect downtrend...
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jothi23muthu swaroopthoppil
@swaroopthoppil, thank you Sir for your clarification
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