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1. ONGC has a bullish trend if seen on a smaller time frame. Stock can target the level of Rs 825- Rs 850-Rs 880 in near term if the uptrend continues. Stock enjoys support at the levels of Rs 689- Rs 650. As a strategy for short term investors, one can exit this stock only if the level of Rs 688 is broken on down side.
2. ONGC enjoys support at Rs 540 which is its deep support level.
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