2024-04-16 09:26:44 am | Source: Religare Broking Ltd
Stock of the day : Oil and Natural Gas Corporation Ltd Ltd For Target Rs. 294 - Religare Broking
Oil and Natural Gas Corporation Ltd
* After reaching its peak, the stock consolidated for nearly a month creating a strong base at higher levels.
* The stock has registered a breakout from the pennant pattern with significant rise in volumes.
* It has also formed a fresh buying pivot while holding above its short term moving average.
* Following price action and volumes activity, price is set to resume its prevailing trend.
Buy Hero Oil and Natural Gas Corporation Ltd CMP 279.85 Range 278-280 SL 272; Target 294
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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