Ankita_yadav

ONGC, LONG,TARGET-200, STOPLOSS- 150

Long
Ankita_yadav Updated   
NSE:ONGC   OIL & NATURAL GAS
Share has formed DOUBLE BOTTOM pattern, which can be seen by blue line. Upward movement of share after the double bottom shows upcoming uptrend. Share is also about to break the channel which it formed during double bottom pattern, this channel can be seen by red line. Few days back, share price has increased in a very big volume ,which can be seen in green rectangle. MA-20 Days is also moving upward and going towards the MA-50 Days. All these things indicate that SHARE IS BULLISH NOW.
Trade active
Trade active:
in.tradingview.com/chart/If0Ah2nv/

The share went down due to overall market impact, but in last two hours bulls made entry and stopped the share from further down movement
Trade active
Trade active
Trade active
Trade closed: target reached
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.