ONGC. short term buy
Trade strategy.
Overall market will uptrend.
in monthly tf, previous handle wig is there. based on that market will turn the trend possibilities are there.
in weekly tf: supporting trend line also acting here now, currently market trading near the trend line.
In 4Hr tf. one resisting trend line acting based on that market also trading near the trend line. and also one good level of support also acting there.
when market reach the support and also it will reach the weekly supporting trend line. when it happen please check the candle formation. once it done (or) get the conformation on lower tf. based on that entering the trade.
Overall market will uptrend.
in monthly tf, previous handle wig is there. based on that market will turn the trend possibilities are there.
in weekly tf: supporting trend line also acting here now, currently market trading near the trend line.
In 4Hr tf. one resisting trend line acting based on that market also trading near the trend line. and also one good level of support also acting there.
when market reach the support and also it will reach the weekly supporting trend line. when it happen please check the candle formation. once it done (or) get the conformation on lower tf. based on that entering the trade.
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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.