lokesh_mfc
Long

ONGC BUY (Oil & Gas Sector Relatively Strong against Nifty 50)

NSE:ONGC   OIL & NATURAL GAS
ONGC             gives proper indication on daily chart for up move. Its a good opportunity to Buy ONGC             at present levels 162 for the Target of 170 and 180. ONGC             have strong support at 156 levels. So our strong recommendation is :-
BUY ONGC             at CMP : 162
First Target : 170
Second Target : 180
Why Buy ONGC             ?
As we observed on Daily technical chart Nifty             50 started fall from top on 2nd-Aug-2017 at 10137.85 levels and got support at 9710.80 levels on closing basis as on 11th-Aug-2017. From 2nd-Aug-2017 to 11th-Aug-2017 Nifty             50 corrected -370.70 points means -3.68% correction from top. After got support at 9710.80 levels Nifty             50 got recover to 9916.20 levels on closing basis as on 6th-Sep-2017. Nifty             50 recovered +205.40 point (+2.16%) as on 6th-Sep-2017.
Where as Oil             & Gas Sector Index performed very strong. At the time of Nifty             50 correction mode Oil             & Gas sector index moved up side by +0.88% and when Nifty             50 got recovered that time Oil             & Gas sector index gives +6.06% Up side movement.
Above technical analysis give the indication that Oil             & Gas sector is perform strongly in the compare of Nifty             50.
So we are completely bullish on Oil             & Gas sector for investment. Investor and trader can choose this sector for safe side.
Other Stocks in Oil             & Gas sector can be watch for investment. We are suggesting some stocks for investment in Oil             & Gas Sector they are:-
1. IOC            
2. ONGC            
3. BPCL            
4. HINDPETRO            
5. OIL             INDIA
6. GAIL            

Thanks to all for read our view !
We appreciate all suggestion or advice regarding our Publication, If you have any suggestion for us we welcome you !
Note :- You can give your suggestion/advice in comments. Or you can direct reach to us by Emails. Our Email ID is " lokesh.trackmarket@gmail.com "
Looking for your support and suggestions........


Trade active: Oil & Gas leading the market................
Trade active: oil & Gas pack ZOOMsssssssss.....................
look at ONGC and Coalindia Move up............
Reply
Buy on any dip in oil & Gas sector, Don't panic in any negative situation, if this sector will got correction (Low chance of correction), Accumulate the stocks because at the time of recovery they will be outperform and lead the market....
Reply
Buy on any dip in oil & Gas sector, Don't panic in any negative situation, if this sector will got correction (Low chance, Accumulate the stocks because at the time of recovery they will be outperform and lead the market....
Reply
@ Find opportunity for averaging on any deep, Long term perceptive it may be a multi-beggar stock
Reply
waiting for long time for bullish move
Reply
Any corrections in prediction..?
Reply
lokesh_mfc kamuthi
@kamuthi, Put a stop loss in ONGC position level 170 is good support level on closing basis.
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out