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Religare Super Ideas
Oil & Natural Gas Corporation Limited
ONGC is likely to see fresh decline, after its failed attempt to cross the resistance hurdle around 180. It looks slightly overbought too, which further adding to the confirmation. We advise creating fresh shorts in the given range.
Sell Jan Fut Oil & Natural Gas Corporation Limited (ONGC) @ 174-176 Stoploss 180 Target 165 CMP 172.85
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