Above are the Narrow CPR Stocks for  09.09.2024. Which can give more trend on the day of trade.

Technical Analysis of ONGC

ONGC's stock had a relatively narrow trading range today, reflecting subdued market activity. The stock opened at ₹312.50, slightly above the previous close, showing some initial bullish sentiment. However, the momentum couldn't sustain, leading to a minor fluctuation throughout the trading session.

Open: ₹312.50

High: ₹313.00

Low: ₹310.50

Close: ₹311.20

Trading session for ONGC was marked by a narrow range and indecision. Traders should watch for a breakout from the current range in the upcoming sessions to gauge the next direction of the stock.

Technical Analysis of LT

Larsen & Toubro (L&T) exhibited a narrow trading range today, reflecting a day of low volatility and consolidation. The stock opened at ₹3,621.90 and managed to touch a high of ₹3,622.05, indicating limited bullish momentum. However, the stock encountered selling pressure, causing it to dip to a low of ₹3,605.00 before closing slightly above this level at ₹3,607.00.

Open: ₹3,621.90

High: ₹3,622.05

Low: ₹3,605.00

Close: ₹3,607.00

L&T traded within a tight range today, indicating a day of consolidation and low volatility. The slight bearish sentiment suggests that traders are in a wait-and-see mode. A breakout above or below the current range in the upcoming sessions will provide clearer signals for the stock's next direction.

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