Hello All,
ONGC gave a breakout yesterday from my levels and is again forming inverted flag and pole pattern. My stance on ONGC is neutral.
Upward movement : Can be traded at breakout at around 67.70 and target of 69 and 70.(According to Pivots)
Downward movement : Can we traded at breakout around 67 and target of 67.25 and then 64. (According to Pivots)
ONGC gave a breakout yesterday from my levels and is again forming inverted flag and pole pattern. My stance on ONGC is neutral.
Upward movement : Can be traded at breakout at around 67.70 and target of 69 and 70.(According to Pivots)
Downward movement : Can we traded at breakout around 67 and target of 67.25 and then 64. (According to Pivots)
Comment:
Was just close to 69 before breakdown
Trade closed manually