ONGC has crossed the 18 months trendline and it is trading above 200 EMA which acted as resistance and support multiple times during its course. It may retest the 200 EMA before it can make a bullish move towards 100 and 120 price levels.

Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.

Happy Trading.
Moving Averagesnifty50ONGCSupport and ResistanceTrend Lines

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