ONGC

With Brent Crude crossing $115/barrel due to the Iran-Israel conflict, upstream oil companies like ONGC are the direct beneficiaries. While the Nifty is bleeding, ONGC is showing Relative Strength (RS). The stock is holding its ground above the 20-day EMA. We are seeing a "Bullish Divergence" on the 15-minute RSI, suggesting that while the market is panicking, smart money is moving into energy. Volume Breakout: Intraday volumes are 1.5x higher than the 5-day average, indicating strong institutional accumulation at lower levels. Strategy: Buy on minor dips Disclaimer: This is for educational purposes only