Date 25th June 2021
CMP 221
ONGC has just breached the multi year resistance.
This is supported by the high crude oil prices in the international market.
Q4 results of 2020-21 was announced yesterday and the numbers are encouraging.
Buy on dips till 116
Concor has been on an up trend since October. From 350 in early October, it has seen higher highs and higher lows. There is a immediate hurdle near 420, which it has tried to break 4-5 times in shorter time frame.
There is a strong support at 397 which was also tested nearly 5-6 times.Stop loss should be little lower than 397.
We can see a golden crossover too...
