ONGC Ltd, an oil & gas stock, has rallied by over 20% in the last 3 months, hitting a fresh 52-week high in January 2024. Short-term traders can buy the stock for a target of Rs 295 in the next 3 months. The stock rose from Rs 186 to Rs 239, a 26% upside in 3 months. It broke out from a multi-year swing high and closed above the Bollinger band on the monthly charts. Investors may consider initiating a position with a target of 295 and a stop loss at 190.
BJP leaders, including national secretary Tarun Chugh, arrive in Ayodhya ahead of the Pran Pratishtha ceremony at the Ram Temple on January 22. Chugh expresses anticipation for the end of 450 years of exile, with PM Narendra Modi set to inaugurate the grand event. Telecommunications officials, led by Nitin Mittal, focus on strengthening Ayodhya s network, laying optical fibers, installing towers, and conducting drive tests. The CISF takes over security at Ayodhya airport, ensuring safety measures.