BUY ONGC - NSE. BREAKOUT OF TRIANGLE

Jun 2, 2020

ONGC

ONGC has broken out of ASCENDING TRIANGLE PATTERN.

TARGETS-88/93/102

STOPLOSS-75 for investors WHO CAN LOOK FOR 100+ TARGET

WAIT FOR THE PULL BACK TO ENTER FOR A GOOD RISK REWARD RATIO

PROS-

1.GOOD VOLUME SUPPORT(NOT HUGE)

2.THERE IS AN UNFILLED GAP UPTO 88

3.PRICE BROKEN THE 50 DEMA

CONS-

1.NIFTY at a key resistance level 10000. (market may reverse)

overall TRADE RATING-A(7/10)

Jun 3, 2020

Trade active

ALMOST REACHED 1

Jun 3, 2020

Note

TARGET 1- REVISED TO 87.

Jun 3, 2020

Trade closed: target reached

CONSEVATIVE TRADERS CAN BOOK PROFITS

Jun 3, 2020

Trade active

FOR OTHER TARGETS. LOOK FOR LOWER ENTRY