MehulJain3a
Short

ONGC End of Bull Rally

NSE:ONGC   OIL & NATURAL GAS
177 views
2
NSE:ONGC

Confirmation End of Bull Rally
Completion of 5 Waves

Sell Range - Rs280 to Rs290
SL - Rs295 (weekly Close)
Target 1 - Rs264
Target 2 - Rs243

Potential Return - 14%
Potential Loss - 5%

Option Strategy

Buy 29Dec PE 240 - Rs0.50 to Rs2.00
Buy 29Dec PE 260 - Rs1 .50 to Rs2.50

Comment:
Maruti Same Strategy check if u want to understand with real time peroformance

Comments

I agree on this chart, however, looking at the current OIL prices increase (almost 6% up), i feel that this will take ONGC upto 300.
Reply
MehulJain3a dev_trader
@dev_trader, let's see i might give a spike upside. then will come down
Reply
Can you post ABC correction pattern for bharti airtel for better understanding
Reply
@maheysh, airtel as of now der is no good entry point, if i find opportunity then for sure i'll post...short term it can go to Rs340-Rs350
Reply
Seems it is moving to C Wave
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out