NIFTY ENERGY bouncing from support Long

Nifty Energy IndexNSE

Description

⋅ Aug 16, 2021 5:04 PM

Whenever it has bounced from support, the rally shown is really good. Watch out for stocks in nifty energy i.e. Reliance, ONGC, GAIL, BPCL, IOC, etc. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.

Comments

SK_tron

⋅ Aug 20, 2021 12:00 PM

will it move up now? what do you think of entering IOC at cmp for next month?

TradingWithRahul

⋅ Aug 23, 2021 3:26 AM

@SK_tron yes, it is expected to move up and you can also enter IOC at this point. But don't keep it for long term. It is for short term basis.

SK_tron

⋅ Aug 23, 2021 3:41 AM

@TradingWithRahul, what is the target for sep expiry?

TradingWithRahul

⋅ Aug 23, 2021 3:42 AM

@SK_tron sorry, but I don't do F&O😅

SK_tron

⋅ Aug 23, 2021 3:58 AM

@TradingWithRahul, no just asking what target do you expect by sep end for ioc?

TradingWithRahul

⋅ Aug 24, 2021 9:12 AM

@SK_tron around 110-112

SK_tron

⋅ Aug 24, 2021 9:17 AM

@TradingWithRahul, oh thanks for your reply , how is gail looking now , could you please have a look?

TradingWithRahul

⋅ Aug 24, 2021 9:19 AM

@SK_tron it's looking good, bouncing from support. Can buy for first target of 150 and 2nd target of 155.