ONGC breakout coming uptrend flag formation. now 200 EMA acting like resistance after it breaks. Long Entry - 144 - 146 ( after retest upward resistance trendline ) Stop Loss - FIb 0.236 Level Take Profit - 1) 149.55 2) 159.65 3) 170
he stock has broken out and retested, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2.5:1 SL is placed below support zone & the upper trendline. The target is placed near swing high.
Results are positive. Looking Triangular Breakout.
ONGC has formed a bulish flag pattern after the brekout it either can go up or down if down brekout use your own research and trade on your own mark my words it will give you much good returns any thoughts on this lets have a discussion in comments
C wave is in making, its making correction at lower period. might make setup for long trade. TC
buy with sl 420 for trgt 500...................................................................
buy for trgt 133 with sl 113......... .....................
ONGC giving monthly channel breakout. target 190, 200. SL - 110
We have a long term view in ongc ,as you see in monthly chart it's try to break trend line and a previous swing low ...so we believe if its sustain above 125 then you can make a position for 180 and 220 rs target in next 2-3 years.
Swing to positional trade! breakout from the channel, and retest and looking at the bulk deals, buying was seen on 27th aug'21
This time trying new things with a line chart of Trendline breakout, Support zone, fibbo retrecment of 0.5% buy at the current level sl is 113.80 target is open
Buy Price :- Rs. 112-115 Target Price :- Rs. 130-135 Time Period :- 1 Months
ONGC - Low Probability but can be bought with small SL - Double Doji
The 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:...
ONGC EQUITY levels ...15/07/2021 (D candle)
Target 1: 130 Target 2: 150 Note : For educational Purpose , please do you own analysis before buying.
Looking at the pattern BUY at CMP (125) TARGET : 149/178/196 Time-Span: 2-6 months
BUY above 123 TARGET : 133/150/213 STOP LOSS : 98 Time Span : 2-6 Months