Abhijit Paul of Alphative Advisors is of the view that one may pick ONGC over Reliance Industries.
" Reliance Industries and ONGC definitely are the two stocks which have pretty medium to long-term charts. ONGC stands out as compared to RIL but if I have to pick one stock then probably my pick would be ONGC," he added.
(Disclosure: Reliance Industries has made an open offer for the takeover of Network18, which owns Moneycontrol.com and other digital, print and TV channels).
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