Can expect a consolidation followed by a fall in the stock price
Upper side 1100 remains the hurdle ,Above 1100 this count
would not hold true.
The Trade idea would be sell on rises till it remains below 1100
A retest of 920-900 on cards.
The present move has come on high volumes which could be a distribution
if stock fails to cross 1100.
Read what research houses say about ONGC
ONGC (DEUTSCHE BANK)
Do comment if you have the contra view or same view
with your projected targets...
Regards
Rish
RESEARCH REPORTS
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