The oil giant ONGC is in downtrend and thus can target the levels of Rs 1,100-Rs 1,060 in the near-term. One can keep watch of the level of Rs 1101 which if held means that stock can retouch the level of Rs 1200. During medium term it shows a sideways movement ranging between Rs 970-Rs 1,200. However exit all longs if the stock closes below the level of Rs 949.
Indian Stock Market Tips: Infosys
Infosys is positive till the stock trades above the level of Rs 2000. If it breaks this level than the stock can fall to Rs 1,950-Rs 1,830 levels.One can buy this share if stock do not breaks the level of Rs 1950 on the lower side as stock can thereafter target level of Rs 2,100-Rs 2,140.
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