In the Weekly Chart of NIFTY_OIL_AND_GAS ,
we can see that, there can be a recovery in W Pattern and a Good Up move in going to happen in Coming weeks.
In the Weekly Chart of NIFTY_OIL_AND_GAS ,
we can see that, it has formed a Bullish Hammer Candle.
Also we can see an up move in W pattern
Oil & Gas Stocks can see a up move in next week ( IGL , MGL ).
After the PSUs era ended, now the OMCs are doing exceptionally well. The trend shows a strong up move ahead once it breaks the resistance levels as directed by yellow horizontal lines.
Keep a look at OMCs like BPCL, Sail, etc., and prepare accordingly to take advantage of the opportunity.