Stock to buy, June 17 -- Indian brokerage firm Anand Rathi Investment Services has picked Maharatna PSU giant Oil and Natural Gas Corporation Ltd (ONGC) shares as its stock pick for the month of June 2025 with a potential upside of 14 per cent in the upcoming one-month period.
The brokerage firm's stock pick report said that ONGC shares have recently broken out of their narrow consolidation range of Rs.220 to Rs.252. With the help of support at the base near the 200-day EMA high/low band, the analysts are bullish on the energy sector stock.
"ONGC recently broke out of its narrow consolidation range between 220 and 252, indicating strength. The stock is now trading above this range, supported by a base formation around the 200-day EMA hi...
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