DIVISLAB and ONGC showing high rise in Future OI

8 Jul

DIVISLAB

1. The price has been consolidating in a narrow range for more than a year.
   
2. Recently, the price successfully surpassed its resistance level.
   
3. Since the breakout, the price has maintained above the breakout point and is steadily increasing.
   
4. The current RSI is above 60, suggesting strong buying pressure.
   

ONGC

1. Before, the price was rising steadily, pushing the highs and lows higher.
   
2. Since March’24, the price has entered a consolidation phase, and an ascending triangle pattern has been established.
   
3. A breakout with significant volume has occurred recently.
   
4. The RSI is currently above 60, indicating strong buying pressure.