RSI pullback buy setup recommends buying opportunity in ONGC
Sun, Jan 24, 2021 9:55 AM

RSI pullback buy setup recommends buying opportunity in ONGC

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RSI or Relative Strength Index is a momentous oscillator used to identify trend reversal. It calculates the strength of a stock trend and helps to predict their reversals. The RSI chart recommends buying Oil & Natural Gas Corporation around Rs 90-92 levels with a stop loss of Rs 82 on a closing basis for higher targets of Rs 110 and Rs 112 levels.

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