ONGC1.FII / FPI or Institutions increasing their shareholding
2.F&O data suggests Long Buildup today
3.12.99% away from 52 week high
4.Mutual Funds have increased holdings from 6.03% to 6.52% in Sep 2021 qtr.
5.Stock with Low PE (PE < = 10)
6.RSI indicating price strength
7.Current price is less than the intrinsic value
8.1 Month: Delivery volume fell by -49.15%
1 Day: Delivery volume increased by 62.16% over 5 day average
9.Net Sales - QoQ Growth in quarter ended Sep 2021 is 12.85% vs -5.28% in Jun 2021
Consolidated Net Profit - QoQ Growth in quarter ended Sep 2021 is 191.74% vs -39.2% in Jun 2021
like if you agree , trade as per targets
ONGC
ONGC Short Term Reversal TradeThe stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
Risk Reward Ratio - 1:1
SL is placed below multiple major support zone and target is place near swing and channel high.
Try To Exit before earnings disclosure if profit reaches around 10%.
Note: As the market is under selling pressure, enter only after confirming a reversal.






















