📊 ONGC – Range Breakout with Strong Follow-Through

🔹 ONGC has broken above its recent trading range decisively. 🔹 Price holding above 9-EMA, confirming short-term trend reversal to bullish. 🔹 Strong volume expansion supports the breakout move. 🔹 RSI ~75 → strong momentum, but mildly overbought zone. 📌 View: Bullish bias as long as price holds above breakout levels. 📌 Bias: Buy on dips / Hold with trailing stop ⚠️ Watch: Overbought RSI – avoid fresh chasing at highs.