ONGC Bullish
#ONGC closing 146.70 with the stoploss of 140 then targets are 152-160+.
Buying Reason.
1 -> Price again retrace at the lower Trendline.
2 -> Again the test the 200 EMA.
3 -> RSI is cross the 50.
4 -> ADX is also Move in Bullish.
5 -> Volume is also positive.
Buying Reason.
1 -> Price again retrace at the lower Trendline.
2 -> Again the test the 200 EMA.
3 -> RSI is cross the 50.
4 -> ADX is also Move in Bullish.
5 -> Volume is also positive.
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.