ONGC trading idea
ONGC primary trend has been down, its very clear from chart. Intrestingly we have now a rise from few days.
today it hit the upper trendline resistance, also we can see a clearly label abc rise , now if we dont cross the trendline
then expect a low below 155.
Sell ongc at 162-163, stop loss 165, target 150
today it hit the upper trendline resistance, also we can see a clearly label abc rise , now if we dont cross the trendline
then expect a low below 155.
Sell ongc at 162-163, stop loss 165, target 150
Trade closed manually
Pattern not behaving as expected close at cmp 161.20
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.