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AMIT-RAJAN
Aug 15, 2022 6:54 AM

ONGC DAILY BREAKOUT  Long

OIL & NATURAL GASNSE

Description

ONGC gives a breakout after so many days somehow managed to break a strong falling resistance trendline and gives a strong close above on it so we can say it is a strong breakout on daily chart it is followed by good on volume indicator and giving positive score on MACD indicator too.

Cause of long-:

1- Falling resistance trendline breakout.

2- Good Volumes.

3- Macd positive score and divergence.

Comment

SWING TARGET ACHIVED
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