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11 Oct 2009

Indian share tip: ONGC Price worth watching | 12- 16 Oct

ONGC has shown a bullish trend and thus one must keep an eye on levels above Rs 1,231; because its crossing with volumes means that share is likely to touch Rs 1,349 or Rs 1,389 levels.

Thus if the share is not able to cross above the indicated level than stock can fall to the level of Rs 1,135.

Thus as a strategy go long only once stock moves above the level of Rs 1231.

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