Stock of the day : Oil and Natural Gas Corporation Ltd For Target Rs. 263

2025-06-20 10:54:20 am | Source: Religare Broking Ltd

Stock of the day : Oil and Natural Gas Corporation Ltd For Target Rs. 263 - Religare Broking Ltd

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Oil and Natural Gas Corporation Ltd

Buy Oil and Natural Gas Corporation Ltd CMP 251.55 Range 250-252 SL 245 Target 263

* ONGC has decisively broken out of a strong multi-month horizontal resistance trend line, signaling robust upward momentum.

* The breakout above previous swing highs further validates an ascending triangle pattern, reinforcing bullish continuation.

* This technical setup indicates strong buying interest and potential for further price rise.

* Investors are encouraged to capitalize on this momentum and consider ONGC for strong medium to long-term growth opportunities.

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Stock of the day : Oil and Natural Gas Corporation Ltd For Target Rs. 263 - Religare Broking Ltd

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