Yes, it's oversold.
But the main disappointing thing for me the 950k share sale this morning. That indicates a leak if it's not done by a forced or uninformed seller.
The second thing; why NSE management thought that this anns was not a price sensitive one?
Btw, there is gas down there, but we don'r know the shale properties yet. But no wet gas, that's for sure. (I was not expecting oil either)