Description
⋅ ONGC: Down Trendline Broken - Trend Changed,
Bullish Wedge (Falling Wedge),
Bullish Wedge with Bullish Breakout
Positive DIVERGENCE in RSI, W%R, OBV, Stoch, CCI & other indicators.
Div. Type Start Date Close Indicator Value End Date Close Indicator Value
RSI Positive 20/04/2017 179.1 28.41 27/04/2017 179.1 32.27
W%R Positive 20/04/2017 179.1 -94.12 27/04/2017 179.1 -92.31
OBV Positive 20/04/2017 179.1 1144780898.00 27/04/2017 179.1 1146672371.00
Stoch Positive 20/04/2017 179.1 5.82 27/04/2017 179.1 17.60.
Strong Hurdle @ 192.8 - @ 199.7 - 202.5.
Fundamentally:
#1 USDINR - Bottoming Out position ( Rupee Depreciation)
#2 UKOIL (Brent Crude) Closed +0.2% with Upward Bias.