If you see IOC or ONGC at current levels, yes, they have been bounce backing from the 200-day moving average, so one can initiate a trade over here, yes, keeping a stop loss of 1270 and on the upside, yes, ONGC if it clears the resistance of 1325 or 1350 levels, yes, you could see ONGC testing 1375 level, so one can trade with positive bias in IOC as well as in ONGC.
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