OIL AND NATURAL GAS CORP.
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ONGC completing Wave 4..Upside 93

ONGC on he completion of Wave 4. Good confluence of moving average (specially EMA 20 and EMA 50) around the current price. Expecting a major move of Wave 5 extending upto he high of Wave 3 .....around 93 zone which also happens to be 200 EMA which may act as resistance.
Double Top or BottomMoving AveragesWave Analysis

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