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I found that the ONGC is in buy zone and will start moving upword direction. reason is it is oversold and near a very strong support zone. one can buy at CMP or near 123-125. first target is 128 then 133. stoploss below 120.
RSI and stocastic getting up from oversold. candl also showing buy signal and bolingerband also shown it direction is upside
Morning star confirmation, RSI and stocastic is moving from oversold to upside, Bolinger bands showing positive move.
3 black Crows pattern is generated in hourly, bb is challanged, adx shows sell, daily also sell signal. enjoy